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Biotech / Medical : XOMA. Bull or Bear?
XOMA 32.98-0.7%Oct 31 9:30 AM EST

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From: bob zagorin12/26/2007 5:31:50 PM
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WASHINGTON, Dec 26 (Reuters) - U.S. biotechnology firm XOMA Ltd (XOMA.O: Quote, Profile, Research) filed with regulators on Wednesday to periodically sell up to $150 million in common and preference shares, debt securities and warrants.

The company said in a registration statement with the U.S. Securities and Exchange Commission that it will use the proceeds from the offering for general corporate purposes.

Under a shelf registration, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale. (Reporting by Karey Wutkowski, editing by Leslie Gevirtz)
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