Exelixis files $250 million stock, debt securities shelf registration

By Devika Patel

Knoxville, Tenn., April 24 - Exelixis Inc. filed a $250 million shelf registration an S-3 filing with the Securities and Exchange Commission.

The registration covers debt securities, common stock, preferred stock, warrants and units.

Securities may be structured as convertibles.

The South San Francisco, Calif.-based pharmaceutical company will use proceeds from the securities for research and development and for general corporate purposes.

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