Exelixis Inc (NAS:EXEL)
$ 36.115 0.265 (0.74%) Market Cap: 10.31 Bil Enterprise Value: 9.21 Bil PE Ratio: 23.15 PB Ratio: 4.54 GF Score: 91/100

Exelixis Inc at Guggenheim Healthcare Talks Oncology Day Transcript

Feb 09, 2023 / 04:20PM GMT
Release Date Price: $17.58 (-1.01%)
Michael Werner Schmidt
Guggenheim Securities, LLC, Research Division - Senior Analyst & Senior MD

Great. So it's Michael Schmidt, Senior biotech analyst with Guggenheim. It is my great pleasure to welcome the next presenting company, Exelixis. With us today, we have Peter Lamb, Head of R&D or EVP of Scientific Strategy -- I'm sorry, as well as Andrew Peters, SVP of Strategy. Welcome, guys, and thanks for joining us.

Andrew Ross Peters
Exelixis, Inc. - SVP of Strategy

Thanks for having us.

Questions & Answers

Michael Werner Schmidt
Guggenheim Securities, LLC, Research Division - Senior Analyst & Senior MD

All right. So we'll jump right into the Q&A fireside chat. Starting with the commercial question. Obviously, Cabo has been tremendously successful with over $1.4 billion in net sales last year, and you've provided guidance recently for this year of $1.575 billion to $1.675 billion. Maybe, Andrew, could you remind us of the sort of the primary growth drivers for CABOMETYX sales in 2022?

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