Name | Value |
---|---|
Revenues | 1,658.0K |
Cost of Revenue | 224.0K |
Gross Profit | 1,434.0K |
Operating Expense | 6,040.0K |
Operating I/L | -5,957.0K |
Other Income/Expense | 557.0K |
Interest Income | 472.0K |
Pretax | -5,400.0K |
Income Tax Expense | 1,018.0K |
Net Income/Loss | -5,400.0K |
XOMA Corporation operates as a biotechnology royalty aggregator, acquiring 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 drug development and commercialization.