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XOMA Royalty Corporation acquires 50 percent of Twist Bioscience’s existing royalty and milestone economics for $15 million

Oct 22, 2024over 1 year ago

Contract Type

agreement

EmeryvilleBiotechnologyHealth Care

Description

XOMA Royalty Corporation has entered into a $15 million royalty monetization arrangement with Twist Bioscience Corporation to acquire a 50 percent economic interest in all future milestones and royalties associated with the 60-plus partnered early-stage programs across 30 partners enabled by Twist Bioscience’s Biopharma Solutions business unit.

Company Information

Company

XOMA Royalty Corporation

Location

Emeryville, California, United States

About

XOMA Royalty Corporation is a biotechnology royalty aggregator playing a distinctive role in helping biotech companies achieve their goal of improving human health. XOMA Royalty acquires the potential future economics associated with pre-commercial therapeutic candidates that have been licensed to pharmaceutical or biotechnology companies. The company has an extensive and growing portfolio of assets.

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