XOMA Receives $5.5 Million Payment from Rezolute
XOMA Corporation (XOMA)
Last xoma corporation earnings: 3/10 07:30 am
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US:NASDAQ Investor Relations:
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Source: GlobeNewswire
EMERYVILLE, Calif., Feb. 13, 2019 (GLOBE NEWSWIRE) -- XOMA Corporation (NASDAQ: XOMA) announced today it has received a $5.5 million payment from Rezolute, Inc., related to the Companies’ 2017 license agreement, as most recently amended on January 7, 2019. “Our business model is fundamentally designed to generate significant long-term royalty-based revenue as the underlying assets are commercialized. Moreover, many of our license agreements include the potential for XOMA to receive significant milestone payments as the licensed assets progress. The receipt of this milestone payment is a good example of XOMA further strengthening its balance sheet with additional non-dilutive capital. This capital can be deployed to further expand our portfolio of assets from which we have the potential to earn future milestone payments and royalties,” commented Jim Neal, Chief Executive Officer at XOMA. In 2017, Rezolute, Inc., formerly known as AntriaBio, Inc., acquired an exclusive global lic
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XOMA
News
- XOMA Reports First Quarter 2024 Financial Results and Highlights Recent Activities [Yahoo! Finance]Yahoo! Finance
- XOMA Reports First Quarter 2024 Financial Results and Highlights Recent ActivitiesGlobeNewswire
- XOMA Co. (NASDAQ: XOMA) had its "outperform" rating re-affirmed by analysts at Leerink Partnrs.MarketBeat
- XOMA Co. (NASDAQ: XOMA) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $74.00 price target on the stock.MarketBeat
- XOMA Adds Economic Interests in Three First-in-Category Assets to its Royalty and Milestone Portfolio Including XACIATO™ (clindamycin phosphate) Vaginal Gel 2% [Yahoo! Finance]Yahoo! Finance
XOMA
Earnings
- 5/9/24 - Miss
XOMA
Sec Filings
- 5/9/24 - Form 8-K
- 5/9/24 - Form 10-Q
- 4/30/24 - Form 8-K
- XOMA's page on the SEC website