other material
confidence high
sentiment positive
materiality 0.60
XOMA receives $4.9M commercial payment from Genentech for VABYSMO H1 2023 sales
XOMA Royalty Corp
- Received $4.9 million from Genentech (Roche) for VABYSMO net sales in first six months of 2023.
- Payment reflects 0.5% royalty stream on VABYSMO sales in certain regions for ten years from first commercial sale.
- XOMA acquired this royalty interest through an October 2021 purchase agreement with Affitech Research AS.