Re: XOMA Acquires Royalty Interest in Four Lysosomal Storage Disorder Enzymes Being Developed Under the Chiesi Group–Bioasis Strategic Alliance

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KOO-KOO2

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Re: XOMA Acquires Royalty Interest in Four Lysosomal Storage Disorder Enzymes Being Developed Under the Chiesi Group–Bioasis Strategic Alliance

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Re: XOMA Acquires Royalty Interest in Four Lysosomal Storage Disorder Enzymes Being Developed Under the Chiesi Group–Bioasis Strategic Alliance

GeorgeParros

posted on Nov 03, 2020 08:52AM

An unfair exchange or what?

"Under the terms of the agreement, in exchange for a $1.2 million upfront payment, XOMA will receive a low single-digit royalty on the future net sales of each of the four Chiesi-Bioasis enzymes and an undisclosed share of the up to $138 million in potential milestones due to Bioasis under its agreement with Chiesi."

Can anyone make sense of this?

Koo

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