XOMA (XOMA) Tops Q3 EPS by 16c
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XOMA Provides Corporate Update and Reports Financial Results for Third Quarter 2015
November 5, 2015 4:01 PM ESTBERKELEY, Calif., Nov. 5, 2015 (GLOBE NEWSWIRE) -- XOMA Corporation (Nasdaq: XOMA), a leader in the discovery and development of therapeutic antibodies, today provided a corporate update and reported its financial results for the quarter ended September 30, 2015.
"One hundred days ago, we announced multiple actions we would take in order to firmly position XOMA as an endocrine company, and we've executed on all of them," commented John Varian, Chief Executive Officer of XOMA. "First, we raised $37 million in non-dilutive capital by licensing our TGF beta antibody program to Novartis. Second, we deferred the near-term debt... More
