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XOMA Corporation operates as a biotech royalty aggregator in Europe, the United States, and the Asia Pacific.

The company engages in helping biotech companies for enhancing human health. It acquires the potential future economics associated with pre-commercial therapeutic candidates that have been 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 various assets. The company was incorporated in 1981 and is headquartered in Emeryville, California.

Latest News >

PRECIOUS-Gold flat as markets await Fed minutes

Oct 7, 2024

Oct 8 (Reuters) - Gold prices were flat in early Asian hours on Tuesday as market participants awaited minutes of the U.S. Federal Reserve's last meeting and more economic data for further clarity on policy easing this year. FUNDAMENTALS * Spot gold was little changed at $2,643.68 per ounce, as of 0013 GMT. U.S. gold futures fell 0.1% to $2,662.90....

Samsung's Q3 profit misses estimates as it struggles in AI chips

Oct 7, 2024

SEOUL, Oct 8 (Reuters) - Samsung Electronics ( SSNLF ) estimated on Tuesday its third-quarter operating profit jumped 274%, but that was short of analysts' estimates as the tech giant struggled to capitalise on strong demand for chips used in artificial intelligence servers. The world's largest memory chip, smartphone and TV maker estimated an operating profit of 9.1 trillion won...

Japan's Nikkei falls after Wall Street's weak finish

Oct 7, 2024

TOKYO, Oct 8 (Reuters) - Japan's Nikkei share average retreated on Tuesday, weighed down by Wall Street's weak finish overnight and rising U.S. yields on reduced bets of another large rate cut following Friday's strong jobs report. The Nikkei was down 0.8% at 39,016.79, as of 0008 GMT, after closing 1.8% higher on Monday. The broader Topix was down 0.98%...

Cannae, KDSA to Buy Majority Stake in The Watkins Company

Oct 7, 2024

04:59 PM EDT, 10/07/2024 (MT Newswires) -- Cannae Holdings ( CNNE ) and KDSA Investment Partners said Monday they have agreed to buy a majority stake in The Watkins Company, a flavoring products company. The current majority owner and Chairman, Mark Jacobs, will roll a significant equity stake into the transaction, the companies said. They expect to close the deal...