Name | Value |
---|---|
Revenues | 830.0K |
Cost of Revenue | 224.0K |
Gross Profit | 606.0K |
Operating Expense | 6,617.0K |
Operating I/L | -5,787.0K |
Other Income/Expense | 278.0K |
Interest Income | 385.0K |
Pretax | -5,509.0K |
Income Tax Expense | -278.0K |
Net Income/Loss | -5,509.0K |
XOMA Corporation operates as a biotechnology royalty aggregator, acquiring the potential future economics associated with pre-commercial therapeutic candidates licensed to pharmaceutical or biotechnology companies. The company focuses on early to mid-stage clinical assets primarily in Phase 1 and 2 with commercial sales potential that are licensed to partners. It has a portfolio with approximately 70 assets, and it helps biotech companies enhance human health by providing financial support in exchange for future royalties from successful products.