other material
confidence high
sentiment positive
materiality 0.55
XOMA to receive $8.1M from Viracta after Day One sells PRV for $108M
XOMA Royalty Corp
- Day One Biopharmaceuticals sold a priority review voucher for $108M after FDA approval of OJEMDA.
- XOMA is entitled to $8.1M from Viracta under a March 2021 agreement covering tovorafenib milestones.
- The PRV sale proceeds trigger event-based economics payable to XOMA.
- Funds represent a portion of the PRV proceeds passed through from Day One to Viracta.