DALLAS, Jan. 6, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring XOMA Ltd. (Nasdaq:XOMA). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
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XOMA Ltd. (XOMA) is a biopharmaceutical company focused on the discovery, development and manufacture of novel antibody therapeutics for its own proprietary pipeline as well as through license and collaborative agreements with pharmaceutical and biotechnology companies, and under its contracts with the U.S. government. XOMA has an integrated product development platform, extending from preclinical science to development and manufacturing. The Company's technologies have contributed to the success of marketed antibody products, including LUCENTIS for wet age-related macular degeneration and CIMZIA for rheumatoid arthritis and Crohn's disease.
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In the report, the analyst notes:
"The Company has a premier antibody discovery and development platform that incorporates an unmatched collection of antibody phage display libraries and proprietary Human Engineering(TM), affinity maturation, Bacterial Cell Expression (BCE) and manufacturing technologies.
"XOMA recently inked a development and commercialization deal with French drug maker Les Laboratoires Servier for XOMA 052, XOMA's anti-inflammatory drug candidate in multiple indications. … Under the terms of the agreement, XOMA will receive about $35 million up front, up to $470 million in milestone payments, and royalties up to a mid-teens percentage rate."
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