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Biotech / Medical : XOMA. Bull or Bear?
XOMA 25.44-4.1%3:11 PM EST

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To: aknahow who wrote (6715)7/22/1998 8:45:00 PM
From: Robert S.  Read Replies (2) of 17367
 
Thanks RobertK for your response regarding BPI costs but I am still interested in ascertaining actual projected costs.

To revisit a question I posted earlier:

George, upon hearing the Incyte license deal, I expected a greater reaction from the Street than
thus far exhibited. A question pertaining to the Incyte/Xoma licensing agreement is why did Incyte agree to this
arrangement for such an insignificant financial package? The prognostications presented here and
elsewhere indicated that the potential market for BPI is large, yet, Incyte does not seem
to share this view. You stated the sum ($11.5 M) is advantageous for Xoma yet this doesn't explain things from Incyte's perspective. Any thoughts from you (or others) are appreciated.
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