Brief: XOMA Adds Economic Interests In 3 First-In-Category Assets To Royalty And Milestone Portfolio

Xoma Royalty

30/04/2024 12:36

April 30 (Reuters) - XOMA Corp  XOMA.O :
    * XOMA:ADDS ECONOMIC INTERESTS IN 3 FIRST-IN-CATEGORY ASSETS
TO
ROYALTY AND MILESTONE PORTFOLIO INCLUDING XACIATO (CLINDAMYCIN
PHOSPHATE) VAGINAL GEL 2%
    * XOMA CORP: PROVIDED $22 MILLION UPFRONT AS NON-DILUTIVE
ROYALTY
CAPITAL SOLUTION TO DARÉ BIOSCIENCE
    * XOMA CORP: WILL RECEIVE REMAINING ROYALTIES RELATED TO
XACIATO™
NOT ALREADY INCLUDED IN DARÉ'S DECEMBER 2023 ROYALTY-BACKED
FINANCING AGREEMENT
    * XOMA CORP: ENTITLED TO POTENTIAL MILESTONE PAYMENTS BASED
ON
COMMERCIAL SUCCESS OF XACIATO

Source text for Eikon:  ID:nGNX83DvdS 
Further company coverage:  XOMA.O 

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