Financial PerformanceFY25 guidance was positive, with top-line guidance above and OpEx levels below consensus.
Product DevelopmentThe potential for further expansion of the cabo franchise with the NET sNDA PDUFA in April 25 and significant progress with the next product, zanzalintinib, have positioned EXEL to maintain significant continued growth.
Regulatory ApprovalThe FDA noted cabo will no longer be subject to an adcom which is considered a positive for its approval chances.