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Biotech / Medical : XOMA. Bull or Bear?
XOMA 31.810.0%Nov 24 3:58 PM EST

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To: aknahow who wrote (4920)11/28/1997 2:32:00 PM
From: Andrew H  Read Replies (1) of 17367
 
In light of the recent ENMD news, let's not forget that Xoma is a potential player in anti-angiogenesis as well, although they don't seem to be actively pursuing it at the moment. Below is a section I copied from the Xoma website.

It may also be helpful to remember that we are entering the seasonally strong period for biotechs. A review of the IXB index will show that there is considerable support in the 310 area. This support has held and it is quite possible we will see a rally from here to new 52 week highs.

BTW, the Xoma website mentions that Xoma will be filing an NDA for Mycoprex this year. Does anyone know when this is supposed to happen? Year is running out.

>>XOMA scientists found that certain fragments and derivatives of BPI show even greater activity against bacteria and endotoxins, as well as novel properties such as inhibition of blood vessel formation (anti-angiogenesis). A modified recombinant fragment with potent activity (rBPI21), called Neuprex, is now in four different clinical trials (see BPI backgrounder).

BPI-derived Peptides

XOMA scientists discovered three active areas (functional domains) within the N-terminal fragment of human BPI (the amino-terminal 199 amino acid fragment). XOMA researchers have identified and characterized a number of peptides (small chains of amino acids) derived from these domains that show potential as new pharmaceuticals. XOMA scientists have derived distinct groups of potent peptides from BPI with five classes of bioactivity:

antifungal (kills or inhibits fungi)
antibacterial (kills or inhibits bacteria)
endotoxin neutralizing (neutralizes poison carried by certain bacteria) heparin neutralizing (neutralizes anticoagulant activity of heparin) anti-angiogenic (inhibits growth of new blood vessels) <<
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