UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
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Emerging growth company
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| Item 8.01. | Other Events. |
On November 16, 2020, XOMA Corporation (“XOMA”) announced that it has earned a $2 million milestone payment from Takeda Pharmaceutical Company Limited (“Takeda”), as the first patient has been dosed in Takeda’s Phase 2 study to evaluate safety, tolerability, and efficacy of mezagitamab (TAK-079) in participants with generalized myasthenia gravis. XOMA and Takeda entered into a Collaboration Agreement dated November 1, 2006 (the “Collaboration Agreement”), to identify potential therapeutic antibodies that Takeda would advance into clinical development. Mezagitamab is an anti-CD38 antibody developed pursuant to the Collaboration Agreement.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| XOMA CORPORATION | ||||||
| Date: November 16, 2020 | /s/ Thomas Burns | |||||
| Thomas Burns | ||||||
| Senior Vice President, Finance and Chief Financial Officer | ||||||
Document and Entity Information |
Nov. 16, 2020 |
|---|---|
| Cover [Abstract] | |
| Entity Registrant Name | XOMA Corp |
| Amendment Flag | false |
| Entity Central Index Key | 0000791908 |
| Document Type | 8-K |
| Document Period End Date | Nov. 16, 2020 |
| Entity File Number | 000-14710 |
| Entity Incorporation State Country Code | DE |
| Entity Tax Identification Number | 52-2154066 |
| Entity Address, Address Line One | 2200 Powell Street |
| Entity Address, Address Line Two | Suite 310 |
| Entity Address, City or Town | Emeryville |
| Entity Address, State or Province | CA |
| Entity Address, Postal Zip Code | 94608 |
| City Area Code | (510) |
| Local Phone Number | 204-7200 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, $0.0075 par value |
| Trading Symbol | XOMA |
| Security Exchange Name | NASDAQ |
| Entity Emerging Growth Company | false |
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