Exelixis Reports $2.1B Cabozantinib Sales, FDA Accepts Zanzalintinib NDA

EXELEXEL

Exelixis recorded US cabozantinib franchise revenues of $2.1 billion in fiscal 2025 and secured FDA acceptance of its zanzalintinib plus atezolizumab New Drug Application for treated metastatic colorectal cancer. The company targets a December 2026 FDA decision to establish zanzalintinib as a second major oncology franchise.

1. Fiscal 2025 Cabozantinib Revenues

Exelixis reported US net product revenues of $2.1 billion from its cabozantinib franchise in fiscal 2025, underscoring strong demand for its leading oncology therapy.

2. FDA Acceptance of Zanzalintinib NDA

The FDA has accepted Exelixis’s New Drug Application for zanzalintinib in combination with atezolizumab for previously treated metastatic colorectal cancer, with a target action date set for December 2026 to potentially launch a second oncology franchise.

Sources

ZF