News Image

XOMA Royalty Purchases Mezagitamab Royalty and Milestone Rights Held by BioInvent International for up to USD $30 Million

Provided By GlobeNewswire

Last update: May 27, 2025

EMERYVILLE, Calif. and LUND, Sweden, May 27, 2025 (GLOBE NEWSWIRE) -- XOMA Royalty Corporation (NASDAQ: XOMA), the biotech royalty aggregator, and BioInvent International AB (“BioInvent”) (Nasdaq Stockholm: BINV), a biotech company focused on the discovery and development of novel and first-in-class immune-modulatory antibodies for cancer immunotherapy, today announced XOMA Royalty has purchased the future mezagitamab (TAK-079) royalty and milestone interests held by BioInvent for USD $20 million at closing, with a total transaction of up to USD $30 million.

Read more at globenewswire.com

XOMA ROYALTY CORPORATION

NASDAQ:XOMA (6/18/2025, 8:00:02 PM)

After market: 24.62 0 (0%)

24.62

+0.69 (+2.88%)


XOMA ROYALTY CORP - XOMA 8 5/8 PERP

NASDAQ:XOMAP (6/18/2025, 8:00:02 PM)

25.7

+0.05 (+0.19%)


XOMA ROYALTY CORP - XOMA 8 3/8 PERP

NASDAQ:XOMAO (6/18/2025, 8:00:02 PM)

25.34

+0.09 (+0.38%)



Find more stocks in the Stock Screener

Follow ChartMill for more