August 21, 2017

Exelixis

We feel like a lame duck on the markets.



EXEL (ISIN: US30161Q1040)

Exelixis, Inc. is a biopharmaceutical company. The Company is focused on discovery, development and commercialization of new medicines to manage care and outcomes for people with cancer.       

Market: Nasdaq

http://www.exelixis.com


Gain over the last quarter: +33.8 % 


Fair value: $ 36.00
Discount: 37%
Average yearly return: 100%
TOP performer

On August 4, 2017: Exelixis reported:
  • Most of the second quarter's revenue came from the $80.9 million in sales of Cabometyx, which was 30% higher than in the first quarter of the year. 
  • Thyroid cancer drug Cometriq, which has the same active ingredient as Cabometyx, contributed another $7.1 million. 
  • The Cabosun clinical trial data, testing Cabometyx as first-line therapy for patients with advanced kidney cancer, was confirmed.
  • Exelixis paid off its remaining debt of $124 million, and is now debt-free. 

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