other material
confidence high
sentiment positive
materiality 0.65
XOMA Royalty acquires 50% of Twist Bioscience's royalty/milestone economics for $15M
XOMA Royalty Corp
- Acquired 50% economic interest in milestones/royalties from Twist's 60+ early-stage programs across 30 partners for $15M upfront.
- XOMA's portfolio now exceeds 100 assets, spanning commercial to pre-clinical programs.
- Twist's Biopharma Solutions business unit yields future payments under biopharma services agreements.
- Chief Investment Officer Brad Sitko cites potential for superior risk-adjusted returns.
- Gibson, Dunn & Crutcher served as XOMA's legal advisor.