XOMA Royalty Corp Logo

XOMA Royalty Corp

Acquires biotech drug royalties to provide non-dilutive funding for pharma & biotech firms.

XOMA | US

Overview

Corporate Details

ISIN(s):
US98419J3059 (+1 more)
LEI:
Country:
United States of America
Address:
2200 POWELL STREET, 94608 EMERYVILLE
Sector:
Mining and quarrying
Industry:
Extraction of natural gas

Description

XOMA Royalty Corp. is a biotech royalty aggregator that acquires economic rights to future milestone and royalty payments associated with pre-commercial and partnered drug candidates. The company provides non-dilutive, non-recourse funding to biotech and pharmaceutical firms, enabling them to advance their internal drug development programs. XOMA manages a diverse and growing portfolio of over 120 assets, a strategy designed to mitigate the risks associated with single-asset clinical trials. Originally a drug development company, XOMA pivoted in 2017 to focus exclusively on its royalty aggregation business model.

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