XOMA » Topics » Subsequent Event

This excerpt taken from the XOMA 10-Q filed May 10, 2006.

Subsequent Event

In April of 2006, Chiron announced that its shareholders had approved the amended merger agreement under which Novartis would acquire all Chiron shares it did not already own and the acquisition was consummated. Although XOMA is currently evaluating the impact of the acquisition, it does not yet know what effect, if any, this transaction will have on its collaboration with Chiron.

 

XOMA Reports First Quarter 2006 Results

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