- XOMA has built a large portfolio of drug royalties, over 65, with the potential to build a biotechnology business with high upside but limited and diversified downside protection.
- This royalty aggregator model has the potential to build a substantial balance sheet for XOMA, which will lower the company's cost-of-capital and enable it to build an even larger portfolio.
- Recent catalysts from deals with Agenus and Novartis have driven the stock price higher. XOMA is a stock to monitor.
- Entry points become available as XOMA's portfolio grows larger and its existing assets achieve more clinical milestones.
For further details see:
XOMA: A Royalty Aggregator To Watch