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Biotech / Medical : XOMA. Bull or Bear?
XOMA 33.34-2.1%Nov 7 9:30 AM EST

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From: bob zagorin10/26/2006 10:49:45 AM
   of 17367
 
zacks... bull of the day...

Buy XOMA Up to $4
Posted Wed Oct 25, 04:19 pm ET
by Jason Napodano, CFA

Xoma, Ltd. (XOMA) is a biopharmaceutical company that develops products to treat infectious diseases, immunological and inflammatory disorders, and cancer. The company receives royalties on worldwide sales of psoriasis drug Raptiva, as well as provides contract manufacturing and licensing services related to its bacterial cell expression and human engineering technology.

Xoma also possesses an interesting early-stage pipeline and collaborative research efforts. We look forward to several positive catalysts the remainder of 2006 to help drive the shares higher. We see fair value at $4.00.
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