Xoma says it hit its primary endpoint in a late-stage test of a blood pressure combo including Servier's perindopril, setting the stage for an NDA as the biotech goes hunting for a partner to market the therapy in the U.S.
CMC Biologics is a buying Xoma's large-scale manufacturing facility in the Bay Area, giving the company a regional foothold in one of biotech's hotbeds.
Tel Aviv-based Compugen has opened shop in a promised land of biotech, South San Francisco.
Xoma ( $XOMA ) has rung in 2012 with major cutbacks and organizational changes. The Berkeley, CA-based biotech company aims to axe 84 jobs or 34% of its work force by the end of the first quarter with
About 5 months after Xoma's ( $XOMA ) lead drug flamed out in a crucial mid-stage study, Steve Engle has resigned as CEO and chairman of the beleaguered biotech. The company quickly tapped board member
Xoma's lead drug failed a Phase IIb diabetes study and news of the debacle quickly sent its stock into a tailspin, wiping out 37% of the biotech's market value in minutes yesterday evening. The trial
Xoma announced its long-anticipated licensing pact on the promising anti-inflammatory drug 052 this morning, snagging a $505 million pact and fueling a further surge in its sizzling share price. But
Arana Therapeutics, a unit of Cephalon, has inked an antibody research deal with Xoma, which gets a $6 million fee and unspecified milestones. "We selected Xoma because of their ability to provide a
Two months after slashing 42 percent of its work force-- 144 jobs --Berkeley-CA-based Xoma has been slapped with a going-concern warning by its accounting firm. The antibody developer says that a
Xoma will receive a $29 million payment following Takeda's decision to expand the companies' existing antibody collaboration. Xoma will provide Takeda with access to multiple antibody technologies,