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ASCO 2011 Roundup

Exelixis Shares Dive on 'Cabo' Safety Data; Prostate Shines

By Staff Reports

Tuesday, June 7, 2011
Investors may be looking to Exelixis Inc. for comfort during the biotech's Monday evening conference call, particularly after a series of analyses from a Phase II trial of cabozantinib (XL184) presented over the weekend at the American Society of Clinical Oncology's (ASCO) 2011 annual meeting sent shares tumbling 20.2 percent.

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