rdn6427

[TimAlerts] From 8-k report $XOMA "Under the License Agreement, XOMA will receive a $37 million upfront payment. Based on the achievement of pre-specified criteria, XOMA is eligible to receive up to $480 million in development, regulatory and commercial milestones. XOMA is also eligible to receive royalties on sales of licensed products, which are tiered based on sales levels and range from a mid-single digit percentage rate to up to a low double-digit percentage rate."

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