Kinase Chemistry – Just a year and a half behind the times.

Exelixis: bag of cash en route

Posted by kinasepro on December 19, 2006

While not saying what for I think its safe to assume they’ll hit a kinase or two along the way.

upfront payment of $60 million in cash. Exelixis will also receive $20 million for each of up to three different drug candidates selected by Bristol-Myers Squibb at IND…

Sweetheart oncology deal. boring webcast here.

>> update: 8k,  The check must-a-been postdated.


One Response to “Exelixis: bag of cash en route”

  1. milkshake said

    Exelixis has been hiring process chemists few months ago – so I suppose they must have had something worth scaling up…

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