DALLAS, Sept. 10, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring pharmaceutical company Exelixis Inc. (Nasdaq:EXEL). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Exelixis Inc. (Nasdaq:EXEL) should be of particular interest to other pharmaceutical companies: AstraZeneca plc. (NYSE:AZN), OSI Pharmaceuticals (Nasdaq:OSIP), Biogen Idec Inc. (Nasdaq:BIIB) and Amgen Inc. (Nasdaq:AMGN).
It is available at: http://www.beaconequity.com/i/EXEL
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Exelixis Inc. (EXEL) is engaged in the development of novel small molecule drug therapies for the treatment of cancer. The Company's strategy is to leverage its biotechnologies by partnering with big pharmaceutical companies, including Bristol-Myers Squibb, Sanofi-Aventis, GlaxoSmithKline, Genentech, Boehringer Ingelheim, Wyeth Pharmaceuticals and Daiichi-Sankyo.
In the report, the analyst notes:
"If approved by the U.S. Food and Drug Administration (FDA), the market for EXEL's lead drug candidate, XL184, could reach more than $1 billion at its market saturation. XL147 and XL765 are Company's phase II drug candidates for the treatment of solid tumors, with prospects of reaching commercialization at approximately 50% following successful completion of phase II. Lead drug candidate, XL184, has a 90% chance of reaching commercialization, according to FDA statistics.
"Pharmaceutical companies with revenue of more than $1 billion include Cephalon Inc. (Nasdaq:CEPH), which trades at a market capitalization of $4.27 billion, and King Pharmaceuticals (Nasdaq:KG), which trades at a market capitalization of $2.62 billion. As of September 8, EXEL trades at a market capitalization of $673 million."
To read the entire report visit: http://www.beaconequity.com/i/EXEL
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