Pursuant to a product development and commercialization agreement between Exelixis and GSK, GSK has the option, after completion of
Phase IIa clinical trials by Exelixis, to elect to develop a certain number of
compounds in Exelixis' product pipeline, which may include the cancer
compounds identified in this press release (other than XL119), thus
potentially triggering milestone payments and royalties from GSK and co-
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