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XOMA Corporation Message Board

  • pharsono pharsono Aug 28, 2013 12:31 PM Flag

    With Bakers Brothers track record and bet, I am confident XOMA will be flying high

    When XOMA dips again below $4, I will be accumulating more !

    $10 will be insight !

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    • from an article today on Seeking Alpha

      Often times, certain biotech institutional investors just seem to pick winner after winner, and stay on a hot streak -- so to speak. Baker Brothers LLC is one such institution that is becoming well-known and gaining great respect from the small cap biotech space. The company was founded in the year 2000 and is run by brothers Julian C. Baker and Felix Baker, Ph.D.

      The Bakers hold a huge 20M + share position in XOMA Corp. (XOMA). XOMA has several near-term catalysts that the Bakers likely find interesting. The company expects to release Phase II top-line data on its drug gevokizumab, for the indication of erosive osteoarthritis of the hand with elevated CRP in October. Additionally, XOMA anticipates full results from its two POC studies in patients with erosive osteoarthritis of the hand, and data from the National Eye Institute's study of gevokizumab in patients with active non-infectious anterior scleritis later this year. With an investment of over 20M shares in XOMA, it is clear the Bakers are very bullish on XOMA's chances of positive data from these studies.

      Sentiment: Strong Buy

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