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XOMA Royalty Corporation acquires 50 percent of Twist Bioscience’s existing royalty and milestone economics for $15 million
Oct 22, 2024•over 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.