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Exelixis

Biopharmaceutical oncology company developing cancer therapies

Director – AI and Agentic Engineering

Full-Time
$215k - $306k/yr
Expert
Bachelor's, Master's
Alameda, CA, USA
In PersonRequires up to 10% travel.
Engineering ManagementEngineering Leadership

About the job

Requirements
  • Bachelor’s degree in a related discipline and 13 years of related experience; a Master’s degree in a related discipline and 11 years of related experience; or an equivalent combination of education and experience.
  • At least 5 years in AI engineering or cloud platform engineering.
  • Leadership experience overseeing cross-functional teams.
  • Experience with the full lifecycle of system development, including design, implementation, validation, and support, for cloud-based solutions and platforms.
  • Advanced understanding of AI engineering, generative AI, agentic AI patterns, AI platform architecture, software engineering, cloud-native design, enterprise integration, and production operations.
  • Ability to define platform strategy, product roadmaps, business cases, success metrics, delivery plans, and adoption approaches for enterprise AI capabilities.
  • Hands-on technical credibility with modern AI solution patterns, including large language models, prompt and context engineering, tool use, multi-step workflows, agent orchestration, retrieval-augmented generation, vector search, evaluation, monitoring, and guardrails.
  • Experience with cloud AI and data platforms such as AWS, Amazon Bedrock, Databricks Mosaic AI, or equivalent technologies; familiarity with APIs, event-driven architectures, data pipelines, identity, secrets management, and enterprise security patterns.
  • Ability to lead AI-native engineering practices using coding agents, AI-assisted development tools, specification-driven development, automated testing, continuous integration and continuous delivery, DevSecOps, observability, and continuous improvement.
  • Understanding of responsible AI, data governance, privacy, cybersecurity, model risk, auditability, human-in-the-loop controls, regulatory expectations, and enterprise policy compliance.
  • Ability to recruit, mentor, coach, and develop diverse technical teams while setting clear standards for quality, accountability, innovation, and delivery excellence.
  • Communication, executive presence, facilitation, stakeholder management, and influencing skills, including the ability to translate complex AI concepts into business implications, risks, tradeoffs, and decisions.
  • Ability to work in ambiguous and fast-changing environments, make informed tradeoffs, resolve conflicts, and align cross-functional teams around outcomes.
  • Planning, portfolio management, vendor management, financial management, and execution skills, including the ability to manage multiple initiatives across a matrixed organization.
Responsibilities
  • Define and execute the AI engineering strategy, roadmap, and operating model for enterprise AI platforms, reusable services, and AI-enabled business solutions.
  • Lead the design and delivery of scalable AI platform capabilities, including model access patterns, agent orchestration, retrieval-augmented generation, evaluation frameworks, prompt and artifact management, observability, governance controls, and reusable integration patterns.
  • Oversee end-to-end development of production-grade generative AI, agentic AI, and automation solutions that improve productivity, decision support, operational efficiency, and business outcomes across functions.
  • Apply product management practices, including opportunity assessment, stakeholder discovery, prioritization, roadmap planning, user experience definition, value measurement, adoption planning, and lifecycle management.
  • Partner with business leaders, product managers, architects, data teams, cybersecurity, privacy, legal, compliance, and enterprise application teams to translate strategic business needs into secure, governed, and scalable AI solutions.
  • Establish AI-native engineering standards and practices, including specification-driven development, agent-assisted software delivery, automated testing, code quality, reusable patterns, DevSecOps, CI/CD, release management, and operational support models.
  • Ensure AI solutions are designed for reliability, security, scalability, auditability, explainability, human oversight, measurable autonomy, and responsible AI use consistent with company policies and regulatory expectations.
  • Manage platform and technology decisions across AI providers, cloud services, data platforms, development tools, and open-source components; assess build-versus-buy options and total cost of ownership.
  • Create and monitor success metrics for AI platforms and solutions, including adoption, productivity impact, quality, latency, cost, risk reduction, reuse, user satisfaction, and business value realization.
  • Lead architecture reviews, prompt and solution reviews, security reviews, model and agent evaluations, release-readiness assessments, and post-production performance monitoring.
  • Develop talent, delivery practices, technical documentation, playbooks, reference architectures, and enablement materials that help teams adopt AI-native engineering safely and effectively.
  • Recruit staff to meet the unit’s immediate objectives and develop staff to meet longer-term objectives.
  • Appraise subordinate performance and recommend changes regarding job, pay, and employment status.
  • Assist with operating budgets and capital budgets if required, and control expenses to adhere to approved budgets.
  • Keep informed of company policies and procedures and current technical and regulatory developments to ensure compliance.
  • Develop policies and procedures or recommend revisions to facilitate the accomplishment of the unit’s objectives.
  • Cooperate with management and staff of other organizational units to accomplish overall organizational objectives.
  • Provide a safe workplace and ensure employees are aware of and adhere to safety policies and procedures.
  • Perform other duties as assigned and comply with all policies and standards.
Desired Qualifications
  • Knowledge of life sciences, biotechnology, clinical, regulatory, GxP, SOX, 21 CFR Part 11, or validated system environments.

About the company

Exelixis develops and commercializes medicines for cancer. Its products aim to treat advanced cancers, including renal cell carcinoma, by targeting multiple biological pathways and supporting combination regimens to achieve effective, tolerable, and durable responses. The company generates revenue from sales of approved therapies and strategic partnerships, backed by extensive research, clinical trials, and regulatory approvals to bring new drugs to market. Compared with peers, Exelixis focuses on a pipeline that combines multi-pathway targeting with combination therapies to improve patient outcomes. Its overall goal is to advance cancer treatment and offer patients better chances of remission through its ongoing drug development programs.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

San Francisco, California

Founded

1994

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Simplify Jobs

Simplify's Take

What believers are saying

  • Cabometyx U.S. net product revenue hit $573 million in Q2 2026, up 10%.
  • Exelixis reaffirmed 2026 revenue guidance at $2.5 billion-$2.55 billion despite slower NET ramp.
  • Zanzalintinib's colorectal cancer filing remains the next major catalyst after March 2027 FDA review.

What critics are saying

  • Zanzalintinib FDA review slipped September 10, 2026; PDUFA moved to March 3, 2027.
  • Cabometyx still drives almost all revenue, leaving Exelixis exposed to one franchise.
  • MSN's November 2026 trial over patent 12,128,039 threatens cabozantinib protection and 2032 exclusivity.

What makes Exelixis unique

  • Cabometyx anchors Exelixis with multiple tumor approvals and durable U.S. oncology sales.
  • August 31, 2026 Federal Circuit win preserved cabozantinib patent validity through at least 2030.
  • Exelixis couples cash generation with disciplined buybacks, retiring 93.3 million shares by June 2026.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Health Savings Account/Flexible Spending Account

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

401(k) Retirement Plan

401(k) Company Match

Performance Bonus

Employee Stock Purchase Plan

Growth & Insights and Company News

Headcount

6 month growth

3%

1 year growth

3%

2 year growth

3%
SilverEdge Cooperative
Sep 23rd, 2026
SilverEdge Cooperative

SilverEdge cooperative. How is Incyte's stock performance compared to other biotech stocks? Aanchal Sugandh Barchart Tue Sep 22, 11:53PM CDT Based in Wilmington, Delaware, Incyte Corporation (INCY) is a global biopharmaceutical company that discovers, develops, and commercializes innovative treatments for cancer, blood disorders, and immune-mediated diseases. The company's marketed therapies include JAKAFI for blood cancer, ICLUSIG for leukemia, PEMAZYRE for bile-duct cancer, MONJUVI/MINJUVI for lymphoma, and NIKTIMVO for fibrotic disease. Incyte is also advancing a growing clinical pipeline to treat additional cancers, myeloproliferative neoplasms, inflammatory diseases, and rare disorders. These efforts have helped the company reach a market cap of approximately $25.3 billion, putting it above the $10 billion threshold commonly used to classify large-cap stocks. The stock is currently trading just 4.3% below its 52-week high of $132.60, reached in July. Strength has been particularly evident in recent months, with Incyte's shares gaining 22.5% over the past three months and outperforming the State Street SPDR S&P Biotech ETF (XBI), which advanced 11% over the same period. The stock's performance remains solid over longer time frames, although it has trailed the broader biotech ETF. Over the past 52 weeks, Incyte's shares have climbed 49.8%, compared with a 66.4% increase for XBI. Similarly, INCY stock is up 28.5% year-to-date (YTD), while the ETF climbed 32.8%. From a technical perspective, the recent strength is also reflected in Incyte's moving averages. Since June, the stock has continued to trade above both its 50-day moving average of $122.72 and its 200-day moving average of $105.88, pointing to sustained upward momentum. Incyte's recent rally reflects improving fundamentals and a stronger biotech backdrop, with investor interest in drug-development pipelines and innovation gaining momentum. The company's growth outlook has strengthened alongside better performance across its commercial portfolio, providing another layer of support for the stock. Its Q2 FY2026 net sales increased 40.5% year over year (YOY) to $1.5 billion, while sales excluding a $246 million one-time benefit from Opzelura, a topical skin-treatment drug, rose 17%. Jakafi grew 6.9% YOY to $816.7 million, and Incyte's hematology and oncology portfolio surged 69%. Looking ahead, management also raised FY2026 sales guidance to $5.13 billion-$5.26 billion. Incyte is further expanding its portfolio to diversify beyond Jakafi ahead of the drug's expected patent expiry in 2028. Opzelura continues to gain traction, while Niktimvo, Monjuvi/Minjuvi and Zynyz, a skin-cancer treatment, are emerging as additional revenue streams. For perspective, Incyte's rival Exelixis, Inc. (EXEL) has posted comparable gains, with EXEL stock surging 46.9% over the past 52 weeks and rising 32.7% YTD. Against this backdrop, analyst sentiment toward INCY stock remains favorable. Among 28 analysts covering the name, INCY has an overall "Moderate Buy" rating, with an average price target of $128.84. This implies potential upside of 1.5% from current levels. On the date of publication, Aanchal Sugandh did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. For more information please view the Barchart Disclosure Policy here.

Yahoo Finance
Aug 24th, 2026
Exelixis retires 8% of shares with $1.1B buyback as zanzalintinib awaits December FDA decision

Exelixis has spent approximately $1.1 billion buying back its own shares over the past year, reducing shares outstanding by 8.0%. This mechanical effect means existing shareholders now hold larger stakes in the business without taking any action. The company's CABOMETYX oncology drug generated $573 million in US net product revenue in the second quarter of 2026, up roughly 10% year-on-year. Exelixis converts 47.5% of revenue into free cash flow, which funds the buyback programme. The company has revised its 2026 total revenue guidance downward to $2.50 billion to $2.55 billion, lowering the midpoint by $50 million. Management attributed this to a slower ramp for the neuroendocrine tumour indication. The stock trades at 15.8 times trailing earnings. The company's next growth driver, zanzalintinib, awaits a regulatory decision for colorectal cancer in early December 2026.

Investor's Business Daily
Aug 5th, 2026
Why this top-ranked IBD 50 stock just plummeted on its earnings.

Why this top-ranked IBD 50 stock just plummeted on its earnings. * ALLISON GATLIN * Updated 05:08 PM ET 08/05/2026 IBD 50 stock Exelixis (EXEL) toppled late Wednesday on a mixed second-quarter report, as sales of its bread-and-butter cancer drug, cabozantinib, lagged expectations. The biotech company sells cabozantinib under the brand names Cabometyx and Cometriq. The former - a treatment for kidney, liver and thyroid cancers as well as neuroendocrine tumors - brought in $570.6 million in quarterly sales. Cometriq, which treats a form of thyroid cancer, generated $2.4 million in sales. But analysts called for a healthier $578 million and $3 million in sales, respectively. Biotech's Next Boom? Inside The Multibillion Dollar Cancer Detection Market On this episode of Growth Stories, Investors take a look at the groundbreaking tests that could revolutionize cancer detection and what investors need to know about this evolving market. 0 seconds of 10 minutes, 57 secondsVolume 0% Biotech's Next Boom? Inside The Multibillion Dollar Cancer Detection Market See All Videos In response, Exelixis stock slumped more than 5% in after-hours trades on today's stock market, hitting 53.50. Exelixis' sales disappointment. The sales disappointment led Exelixis to cut its earnings outlook for the year. The company now sees $2.5 billion to $2.55 billion in sales. At the midpoint, that's a drop of $50 million from Exelixis' prior guidance from three months ago. More promisingly, Exelixis topped earnings forecasts, reporting an adjusted 91 cents per share, vs. the Street's forecast for 85 cents, according to FactSet. Earnings grew more than 21% as total sales climbed close to 11%, reaching $627.8 million. That includes sales of Cabometyx and Cometriq, as well as $53.2 million in royalties from partners Ipsen and Takeda Pharmaceutical. But sales lagged projections for $636 million. Investors are now watching closely the next steps for zanzalintinib. The Food and Drug Administration is reviewing the experimental prostate cancer treatment for potential approval in December. Exelixis stock is trading above its key moving averages with a nearly perfect IBD Digital Composite Rating of 98. The CR is a 1-99 measure of a stock's fundamental and technical performance. The stock also has a strong Relative Strength Rating of 90, putting its 12-month performance in the leading 10% of all stocks. Exelixis stock ranks No. 16 on the IBD 50 list of elite growth stocks. IBD newsletters. Get exclusive IBD analysis and actionable news daily. Follow Allison Gatlin on X/Twitter at @AGatlin_IBD. YOU MAY ALSO LIKE:

Business Wire
Aug 5th, 2026
Exelixis reports Q2 2026 revenues of $628.7M, up 11% on cabozantinib growth

Exelixis reported second quarter 2026 total revenues of $628.7 million, up from $568.3 million in the same period last year. Net product revenues reached $573.0 million, compared to $520.0 million in 2025, driven primarily by increased sales volume. The company reported GAAP net income of $212.1 million, or $0.82 per diluted share, versus $184.8 million, or $0.65 per diluted share, in the prior year period. Research and development expenses increased to $212.0 million from $200.4 million. Exelixis is preparing for a potential launch of zanzalintinib in metastatic colorectal cancer, pending regulatory approval. The FDA assigned a target action date of 3 December 2026 for the new drug application. The company expects topline results from its phase 3 STELLAR-304 trial in the second half of 2026.

San Francisco Biotechnology Network
May 30th, 2026
Exelixis announces results from subgroup analysis of phase 3 CABINET pivotal trial evaluating CABOMETYX(R)(cabozantinib) in non-functional and functional neuroendocrine tumors at ASCO 2026.

Exelixis announces results from subgroup analysis of phase 3 CABINET pivotal trial evaluating CABOMETYX(R)(cabozantinib) in non-functional and functional neuroendocrine tumors at ASCO 2026. May 30, 2026 san francisco biotechnology network news news, syndication comments off on exelixis announces results from subgroup analysis of phase 3 CABINET pivotal trial evaluating CABOMETYX(R)(cabozantinib) in non-functional and functional neuroendocrine tumors at ASCO 2026. ALAMEDA, Calif.-(BUSINESS WIRE)-Exelixis, Inc. (Nasdaq: EXEL) today announced results from a subgroup analysis of the phase 3 CABINET pivotal trial, which showed that CABOMETYX(R)(cabozantinib) provided significant improvements in progression-free survival (PFS) versus placebo in patients with previously treated advanced neuroendocrine tumors (NET) regardless of functional status. These data will be presented at the 2026 American Society of Clinical Oncology (ASCO) Annual Meeting to be held fr Click here to view original post