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Biotech / Medical : XOMA. Bull or Bear?
XOMA 26.67-10.7%Jan 12 3:59 PM EST

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To: Cacaito who wrote (10576)6/29/1999 9:49:00 AM
From: aknahow  Read Replies (1) of 17367
 
So much we don't know. I would hope the commitment to spend on development is far more than the $5 to $10 you mentioned. I would hope it is on the order of $50 million over a maximum 5 year period.

I hope the royalty is in the double digits and at least 25%. I must admit I don't understand how one can buy biotech stocks or should buy them when this crucial information is not generally provided.

Those who preach that it's the science are wrong! It's also the business. A great science without great deals means nothing good for the shareholders. Sure without the science there is NADA also.

Well I never guessed the partner would be Allergan. Who do you think the Mycoprex partner will be?
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