XOMA (XOMA) Sells Berkeley, CA-Based Manufacturing Ops to CMC Biologics

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CMC Biologics, a leading contract manufacturing organization known for its technical excellence in process development and cGMP manufacture, today announced the acquisition of XOMA Corporation's (Nasdaq: XOMA), large-scale manufacturing operations and affiliated assets located in Berkeley, California. Financial terms of the transaction were not disclosed.

The fully functional 31,000 square foot facility is a completely equipped biological manufacturing operation, including three 2750L stainless steel bioreactors and two purification suites, as well as warehouse and office space. CMC Biologics expects to begin offering contract manufacturing services from this location immediately following the close of the transaction.

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