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Biotech / Medical : XOMA. Bull or Bear?
XOMA 31.16-3.2%Dec 1 3:59 PM EST

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To: Olu Emuleomo who started this subject10/31/2003 9:21:25 AM
From: Robert K.  Read Replies (2) of 17367
 
The cd-20 patent rights were considered at the time to be a "blocking" patent towards genentech/idec. I do believe that the company believed they gont fair money for it AT THAT TIME when money was critical. In hindsight, they regret selling it for so little, however IMO some of the Raptiva pluses may not have been possible had DNA got pissed off at xoma. skd
FWIW- the new cd-20 molecules of dna>xoma has no rights to and that might even be more significant.
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