Xoma gains milestone and royalty rights to Aronora's hematology assets

Xoma acquired royalty payments and a portion of potential milestones associated with five hematology assets from Aronora.

Xoma Corp. (NASDAQ:XOMA) will pay $6 million up front to receive 10% of milestones for each asset plus low single-digit royalties. Aronora Inc. (Portland, Ore.) is eligible for an additional $3 million payment from Xoma upon achievement of certain undisclosed conditions...