Xoma Purchases Royalty Rights for Aronora's Five Preclinical and Clinical Hematology Candidates
Shots:
- Aronora to receive $6M upfront & $3M upon fulfillment of certain conditions. Xoma to get rights to royalties and 10% of milestone payments associated with five hematology assets from Aronora. The transaction is expected to close within the next 90 days
- The focus of the transaction is to expand XOMA’s portfolio with the addition of hematological & anti-thrombotic mAbs
- The five hematological assets include three anti-thrombotic candidates BAY1213790 (P-II) BAY1831865- AB023 (P-II) developed in collaboration with Bayer targeting factor XI/XIa and two other assets AB002 (P-I- thrombin analog) & AB054 (factor XII mAb) for acute cardiovascular events
Ref: Xoma | Image: NIH SBIR
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