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Biotech / Medical : Biotechnology Value Fund, L.P.

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To: jayhawk969 who wrote (2575)7/27/2001 10:04:10 PM
From: scaram(o)ucheRead Replies (1) of 4974
 
Friday July 27, 6:30 pm Eastern Time

Press Release

SOURCE: Exelixis, Inc.

Exelixis Files Shelf Registration Statement

SOUTH SAN FRANCISCO, Calif., July 27 /PRNewswire/ -- Exelixis, Inc. (Nasdaq: EXEL - news) today announced that it
has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission, which will permit the
company, from time to time, to offer and sell common stock, up to a value of $150 million. The company filed the registration
statement to gain additional flexibility in accessing capital markets for general corporate purposes, including the continued
development and manufacturing of the recently acquired rebeccamycin analogue in ongoing Phase I and I/II cancer studies,
expansion of drug discovery capabilities and other corporate purposes. (snip)
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