How could someone ingor the bottomline how is the business have been done but writing something like “The scary, glaring danger is that XOMA 052 is owned by Xoma …Developing XOMA 052 successfully on its own is a feat that Xoma's management team may be incapable of achieving, even if the drug works”
This is insults just like to say you are an idiot, give you a blockbuster drug and you are going to waste it. And he can say this based on what? His arugment company achieved little can apply to almost 90% biotech companies. He forgot to mention there two billion blockbuster drugs came from XOMA’s technology and xoma gave them away. He also forgot to mention XOMA has a new CEO and he did good job to push the XOMA052 forward. So, he wrote this article right after company released the news ( probabaly he has this be ready for two days), you may want to ask what the xxx going on here?