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Non-Tech : Auric Goldfinger's Short List

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To: Sir Auric Goldfinger who wrote (4660)1/24/2000 9:28:00 PM
From: RockyBalboa  Read Replies (1) of 19428
 
XOMA soared to $9 after news that baxter buys the worldwide Neuprex right for $35MM in aggregate... XOMA itself is valued at $500MM ($9/shr)....isn't that sort of a stiff premium?

$35MM is not even $1/shr (55.6MM out)

biz.yahoo.com

Baxter and XOMA Enter Agreement for Neuprex in
Meningococcemia and Related Future Indications

DEERFIELD, Ill. and BERKELEY, Calif., Jan. 24 /PRNewswire/ -- Baxter Healthcare Corporation and XOMA Ltd. (Nasdaq: XOMA - news)
announced today an agreement in which Baxter's Hyland Immuno division has acquired the worldwide rights to XOMA's NEUPREX® (rBPI21) for
treatment of meningococcemia and all future anti-bacterial and anti-endotoxin indications. Meningococcemia is a deadly systemic bacterial infection caused by a species of bacteria that can also cause meningitis.
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