xomaadmin 
Through both good and bad markets, our goal at XOMA Royalty is to remain focused on generating value for shareholders through solid execution, wise capital deployment, and deal creativity. As we look to the remainder of 2025 and beyond, we believe we have established a solid foundation for future growth.
We made good progress over the course of 2023 towards advancing the company’s differentiated royalty business model. As is the case with any emerging biotech portfolio, there were both positive and negative developments, although many of our key near-term drivers of value remain intact.
“The Blue Owl financing provides us with significant non-dilutive capital to drive shareholder value through stock repurchases and additional royalty and milestone acquisitions,” stated Brad Sitko, Chief Investment Officer of XOMA.
Since joining the Company in January 2023 as Executive Chairman and interim CEO, I have come to better appreciate the opportunity presented by XOMA’s unique business model and seasoned team, and equally important, the optionality embedded within our growing royalty and milestone portfolio.
As 2022 comes to an end and my retirement begins, I take this opportunity to ask you to look forward and see what I see – XOMA, the Royalty Aggregator for biotech companies.
Biotechs are turning to specialist royalty companies to generate cash from future sales of their products, as they try to survive a dramatic sell-off in the sector.
We are happy to inform you of the recent news about the European Commission (EC)’s decision to grant approval for VABYSMO® (faricimab-svoa), Roche’s novel bispecific antibody for the treatment of neovascular or wet age-related macular degeneration (nAMD) and visual impairment due to diabetic macular edema (DME).
XOMA’s milestone and royalty aggregator business model began to demonstrate its potential in 2021 and the first few months of 2022. There are two key value driving elements to our strategy. One is to let the assets advance in the hands of the development partners, and as they experience success, the asset value to XOMA increases. The second is to acquire assets to continue growing our portfolio of potential milestone and royalty economics and further mitigate the risk associated with any single asset. The value of both elements were on display in 2021 and continue to show their impact in early 2022.
FDA approves Roche’s novel bispecific antibody for the treatment of neovascular or wet age-related macular degeneration (nAMD) and diabetic macular edema (DME), representing XOMA’s first portfolio asset to receive FDA approval.
As we close out 2021 and look forward to all the possibilities 2022 will bring for XOMA, it seems appropriate to reflect on how much progress has been made by both our partners and our team. Today, within the XOMA portfolio of over 70 potential milestone and royalty assets, we have several programs that our partners have advanced into late stages of development.
Today we announced an important transaction for XOMA. We purchased the rights to a 0.5% commercial payment stream in a BLA-review-stage asset – faricimab – for a $6 million upfront plus potential future milestone payments. Faricimab currently is under Priority Review by the U.S. Food and Drug Administration (FDA) for potential use in patients with … Read more
For many of us, 2020 was a tale of two halves. The first half of 2020, COVID-19 hit and brought significant uncertainty to every aspect of our lives. We had to adapt and change how we lived and worked, unclear of when this uncertainty would end and when we could go back about our lives and our routines.
By Guy Martin For biotech companies, the prospect of receiving non-dilutive, non-recourse funding to advance their assets even through the early stages of clinical development may sound too good to be true. But that is exactly what is offered by XOMA (Nasdaq: XOMA), a unique company that started to provide an alternative financing model as … Read more
Full audio recording of XOMA’s 2020 Annual Meeting of Stockholders
Everyone at XOMA hopes this letter finds you well. We collectively are experiencing a global event that few could have anticipated. It makes us remember what’s most important in life – our health, our families, our colleagues, and our friends. For our 10-person team, XOMA not only represents colleagues and friends, we also feel that XOMA is part of our family.
In the first half of the year, there are have been some exciting developments for XOMA. Many of these events were communicated to the market by our license partners, which then provides us the opportunity to communicate in more detail with you. To this point in 2019, we have seen significant clinical advancement and received the first glimpses into the potential therapeutic value of several XOMA legacy partnered assets. And what we have seen is exciting!
All references to “portfolio” on this website refer strictly to milestone and/or royalty rights associated with a basket of drug products in development. All references to “assets” on this website refer strictly to milestone and/or royalty rights associated with individual drug product candidates in development. References to royalties or royalty rates strictly refer to future potential payment streams regardless of whether or not they are technically defined as royalties in the underlying contractual agreement; further, any rates referenced herein are subject to potential future contractual adjustments.
