Exelixis's CABOSUN Rises For Cabometyx After Bristol's Opdivo/Yervoy Letdown

Exelixis's Cabometyx has been submitted for accelerated approval in first-line kidney cancer, adding to the drug's good news after disappointing interim Phase III results for the Bristol-Myers Opdivo/Yervoy combo.

Digital illustration of Cancer cell in colour background

Exelixis Inc. completed its submission of a supplemental new drug application (sNDA) for US FDA accelerated approval of Cabometyx (cabozantinib) in previously untreated advanced renal cell carcinoma (RCC) on Aug. 16, a day after the drug's competitive position was bolstered by disappointing interim Phase III results for Bristol-Myers Squibb Co.'s Opdivo (nivolumab) and Yervoy (ipilimumab).

South San Francisco-based Exelixis is seeking early approval for its tyrosine kinase inhibitor (TKI) – which blocks MET, AXL and...

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