Edward Tenthoff's questions to XOMA Royalty (XOMA) leadership • Q4 2015
Question
In a follow-up question, Edward Tenthoff of Piper Jaffray asked about XOMA's strategic plans following data readouts, specifically whether the company would seek partnerships or alternative financing to advance its pipeline.
Answer
CEO John Varian stated that it is unlikely the company would license out its lead Phase 2 assets at this time, as they believe more value can be built by advancing them independently. He indicated that XOMA would look to monetize other non-core assets to raise capital and fund development, similar to the strategy employed in late 2015.