Ex­elix­is cuts 175 staffers to pri­or­i­tize late-stage drug de­vel­op­ment   

Ex­elix­is is lay­ing off 175 em­ploy­ees, or 13% of its work­force, to “re­bal­ance re­sources” with a fo­cus on can­di­dates clos­er to mar­ket.

The com­pa­ny ap­pears …

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