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XOMA in $6 million antibody discovery deal with Arana Therapeutics
October 2009
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BERKELEY, Calif.XOMA Ltd. and Arana Therapeutics Ltd., a wholly owned subsidiary of Cephalon Inc. have entered into a collaboration involving multiple proprietary XOMA antibody research and development technologies, including a new antibody phage display library, and a suite of integrated information and data management systems. Arana has agreed to pay XOMA a fee of $6 million and XOMA will be entitled to milestone payments and royalties on product sales. Under the terms of the collaboration, XOMA will be fully reimbursed for all services it may provide to Arana under the agreement.

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