XOMA adds to its royalty and milestone portfolio with Ixinity deal
Adding to a string of such deals, US biotech XOMA Corporation (Nasdaq: XOMA) has now acquired the commercial payment and a portion of the milestone rights to Ixinity [coagulation factor IX (recombinant)], which is marketed by Canada’s Medexus Pharmaceuticals (TSE: MDP) for the control and prevention of bleeding episodes and postoperative management in people with hemophilia B, from Aptevo Therapeutics (Nasdaq: APVO).
Market reaction was mixed, with Medexus’ shares leaping 15.7% to C$1.55, while XOMA dipped 1.7% and Aptevo rose 1%.
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