Brief: Xoma Corp Will Seek To Out-License Ebopiprant For Further Development

Xoma Royalty

27/10/2023 22:14

Oct 27 (Reuters) - XOMA Corp  XOMA.O :
    * XOMA CORP: CO WILL SEEK TO OUT-LICENSE EBOPIPRANT FOR
FURTHER
DEVELOPMENT
    * XOMA-ON OCT 23, ORGANON NOTIFIED CO INTENT TO TERMINATE
FOR
CONVENIENCE CERTAIN LICENSE AGREEMENT, BY & BETWEEN ORGANON &
OBSEVA, DATED JULY 26, 2021
    * XOMA CORP: TERMINATION OF LICENSE AGREEMENT WILL BE
EFFECTIVE AS
OF JANUARY 21, 2024
    * XOMA CORP -  NO MATERIAL EARLY TERMINATION PENALTIES WILL
BE
PAYABLE BY EITHER PARTY

Further company coverage:  XOMA.O 

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