FDA extends Exelixis NDA review for zanzalintinib to March 2027. Analyst evaluates stock volatility and revenue outlook.

Exelixis stock dropped out of a buy zone Friday after the FDA delayed the potential approval of its new colon cancer combo.

FDA extends review of Exelixis' zanzalintinib-Tecentriq combo in mCRC by three months to March 3 after new data submission.