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Biotech / Medical : XOMA. Bull or Bear?
XOMA 32.18-0.4%Nov 28 12:59 PM EST

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To: charles moore who wrote (6992)8/26/1998 11:25:00 AM
From: aknahow  Read Replies (1) of 17367
 
The importance is probably in providing a means of faster diagnosis. The financial impact while a positive is IMO, will be, very minor even using very generous estimates.

biz.yahoo.com

Assuming the LBP test somehow becomes 10% of DPC sales one is only talking about $18 million. Even if the royalty is 5% one is looking at a maximum of $900,000 to XOMA per year at some future date. Cut this in half to be conservative and one is probably closer to something attainable.

Nonetheless, I think this development is important for the reasons give by Castello, potential better trial design and faster treatment of sepsis, with yes, Neuprex if and when approved.
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