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Biotech / Medical : XOMA. Bull or Bear? -- Ignore unavailable to you. Want to Upgrade?


To: aknahow who wrote (10901)7/23/1999 4:01:00 PM
From: Pseudo Biologist  Respond to of 17367
 
Link to today's issue of Bioworld with a short story on Xoma's financing:

bioworld.com

(not sure how long they would keep this link active)

Some items of interest:

Cash at end of Q2 was about $20M
Burn rate is about $40M per year

As stated in the press release, they like to have at least one year's worth of cash.

Discounted price of placing was $5.80

Expected to announce meningococcemia results "in August."

Etc.

PB