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EXEL Down on Colorectal Cancer Study Data on Zanzalintinib

Healthcare & BiotechCompany FundamentalsCorporate Guidance & Outlook

Exelixis fell after STELLAR-303 failed to achieve statistical significance in overall survival for a key colorectal cancer subgroup, increasing uncertainty around a potential approval path. The result is a material setback for the drug's regulatory outlook and could pressure near-term expectations for the program.

Analysis

Exelixis fell after STELLAR-303 failed to achieve statistical significance in overall survival for a key colorectal cancer subgroup, increasing uncertainty around a potential approval path. The result is a material setback for the drug's regulatory outlook and could pressure near-term expectations for the program.

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