XOMA: Now is at a good entry point at $1.42. The f
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Novo Nordisk A/S has agreed to buy the global rights to Xoma Corp.'s Type 2 diabetes treatment in a deal worth up to $295 million.
The price tag includes a $5 million upfront payment to Xoma and up to $290 million in milestones. Xoma also is eligible for royalties on product sales.