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XOMA Earns $1M Takeda Milestone

XOMA Ltd. has received a $1 million milestone payment from Takeda Pharmaceutical Co. Ltd. for achieving a preclinical milestone under the companies' 2006 collaboration agreement.

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By: Tim Wright

Editor-in-Chief, Contract Pharma

XOMA Ltd. has received a $1 million milestone payment from Takeda Pharmaceutical Co. Ltd. for achieving a preclinical milestone under the companies’ 2006 collaboration agreement. Under the collaboration, XOMA is using its collection of antibody discovery, development and optimization technologies to discover therapeutic antibodies against multiple targets selected by Takeda. “Our successful collaboration with Takeda is producing promising antibody development candidates,” sa...

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