Balance Sheet Supports DealmakingAnalyst points to XOMA's solid cash position as a facilitator for continued creative, non-dilutive transactions and pursuit of additional licensing or partnership opportunities.
Partnership ExpansionAnalyst highlights XOMA's expanded Takeda agreement that provides royalty interests in nine additional partnered assets without a cash outlay, creating new potential royalty and milestone revenue streams.
Pipeline Monetization Via Strategic AcquisitionAnalyst notes the Generation Bio acquisition adds optionality through its collaboration with Moderna and the ctLNP delivery platform, which could lead to future outlicensing, sale proceeds, royalties, or milestone payments.