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Biotech / Medical : XOMA. Bull or Bear?
XOMA 28.10+5.6%Jan 2 3:59 PM EST

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To: Biomaven who wrote (10699)7/9/1999 12:19:00 AM
From: aknahow  Read Replies (1) of 17367
 
Peter many of us agree that Neuprex is the main event. But the deal for Mycoprex is still an important item. Over 17 companies have signed cell expression agreements with XOMA and there are a dozen more talking deals. The hu1124 results might stimulate others to look at the XOMA huminization technology. In addition to fees XOMA gets royalties on any products that eventually hit the market for both humanization and cell expression technology use.

Also Neuprex is a big subject. It might be just the P III unblinding which is considered the driver. There has always been lots of debate over the value of partnerships and so finally we have a company with a P III completed, and fairly good prospects of approval. Would think that's worth at lot more than a biotech that gave away 75% of the product to a partner.

If you have not read the Endotoxin paper on the XOMA site it might be worth it. I am not 100% sure that the paper is an independent paper. The stock may not have done so great but their web site is several 100% above all the rest of the biotechs.
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