XOMA. Bull or Bear? Message Board

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Biotech / Medical : XOMA. Bull or Bear?

XOMA 32.13

-0.5%

Nov 28 9:30 AM EST

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To: aknahow who wrote (16537)	1/18/2004 10:17:29 PM
From: Lance Bredvold	of 17367

Contra Costa Times Jan 6 snip. Now I see why so often people insert a request for understanding if the item has already been posted. But I did not see or remember it. contracostatimes.com Biotechnology XOMA Ltd. (XOMA), a Berkeley-based company, announced that it has entered a licensing and product development agreement with Diversa Corporation (DVSA) of San Diego. Diversa gains access to XOMA's antibody expression technology for developing antibody products independently and with collaborators, and an option to a license for the production of antibodies under the XOMA patents. XOMA will receive a license fee and potential future milestone and royalty payments. The two companies also plan to work together to discover and develop antibodies for auto-immune-related diseases. Diversa will receive research funding and is entitled to receive milestones and royalties on any drugs developed under the agreement.

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