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Biotech / Medical : XOMA. Bull or Bear?
XOMA 29.81-4.1%Dec 5 3:59 PM EST

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To: Cacaito who wrote (16143)12/23/2002 5:21:01 PM
From: Arthur Radley  Read Replies (2) of 17367
 
After such a long wait....XOMA has some positive news....

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Press Release Source: Genentech

Genentech and XOMA Submit Biologics License Application for FDA Approval of Raptiva -- Efalizumab -- for the Treatment of Moderate-to-Severe Plaque Psoriasis
Monday December 23, 4:30 pm ET

SOUTH SAN FRANCISCO, Calif. & BERKELEY, Calif.--(BUSINESS WIRE)--Dec. 23, 2002--Genentech, Inc. (NYSE: DNA - News) and XOMA Ltd. (Nasdaq: XOMA - News) today announced they have submitted a Biologics License Application (BLA) to the U.S. Food and Drug Administration (FDA) for Raptiva(TM) (Efalizumab), a recombinant humanized monoclonal antibody under evaluation for the treatment of moderate-to-severe plaque psoriasis.
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