Brief: Twist Bioscience Enters Into Royalty Purchase Agreement With Xoma Royalty For $15 Million In Cash

Twist Bioscience

22/10/2024 13:50

Oct 22 (Reuters) - Twist Bioscience Corp  TWST.O :
    * TWIST BIOSCIENCE ENTERS INTO ROYALTY PURCHASE AGREEMENT
WITH
XOMA ROYALTY FOR $15 MILLION IN CASH
    * TWIST BIOSCIENCE CORP - XOMA TO PAY $15 MILLION FOR HALF
OF
FUTURE MILESTONES AND ROYALTIES
    * TWIST BIOSCIENCE CORP - TO RETAIN ALL UPFRONT, SERVICE AND
OTHER
REVENUE
    * TWIST BIOSCIENCE CORP - RETAINS FULL RIGHTS TO FUTURE
BIOPHARMA
COLLABORATIONS
    * TWIST BIOSCIENCE CORP - AGREEMENT EXCLUDES SYNBIO, NGS,
AND DATA
STORAGE REVENUE

Source text for Eikon:  ID:nBw72rRTda 
Further company coverage:  TWST.O 

 ((Reuters.Briefs@thomsonreuters.com))