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XOMAO| Name | Value |
|---|---|
| Revenues | 7.2M |
| Cost of Revenue | 0.0M |
| Gross Profit | 7.2M |
| Operating Expense | 22.8M |
| Operating I/L | -15.6M |
| Other Income/Expense | -1.6M |
| Interest Income | 0.0M |
| Pretax | -17.2M |
| Income Tax Expense | 0.0M |
| Net Income/Loss | -17.2M |
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.
