XOMA Provides Update on Gevokizumab Proof-of-Concept Program
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XOMA Ltd (XOMA) Posts Q4 GAAP Loss of 55c/Share
March 4, 2014 5:00 PM ESTXOMA Ltd (NASDAQ: XOMA) reported Q4 EPS of ($0.55), which may not compare with the analyst estimate of ($0.19). Revenue for the quarter came in at $8.45 million versus the consensus estimate of $7.92 million.
Of the $0.55 per share loss, $35.3 million, or $0.37 per share, was related directly to the... More
XOMA (XOMA) Will Not Pursue Gevokizumab Development for EOA Indication
March 4, 2014 4:39 PM ESTXOMA (Nasdaq: XOMA) provided an update on its gevokizumab development program. Based on results from the Company's Phase 2 program in patients with erosive osteoarthritis of the hand (EOA), XOMA does not intend to launch pivotal development for the broad EOA indication. The Company will conduct a review of the full dataset to determine if there is a segment of the patient population that best responds to gevokizumab therapy prior to initiating any potential additional clinical studies in this indication. Gevokizumab appeared to be well tolerated, and the most common adverse events were comparable between... More
