Ladenburg Thalmann Downgrades XOMA, Ltd. (XOMA) to Neutral

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Go back to Ladenburg Thalmann Downgrades XOMA, Ltd. (XOMA) to Neutral

XOMA Announces Results From Phase 3 EYEGUARD(TM)-B Study

July 22, 2015 8:01 AM EDT

BERKELEY, Calif., July 22, 2015 (GLOBE NEWSWIRE) -- XOMA Corporation (Nasdaq: XOMA), a leader in the discovery and development of therapeutic antibodies, today announced the Phase 3 EYEGUARD-B study of gevokizumab in patients with Behçet's disease uveitis, run by its partner Servier, an independent French pharmaceutical research company driven by the pursuit of innovative drugs, did not meet the primary endpoint of time to first acute ocular exacerbation.

"Although the study did not achieve its main objective, we did see signals of drug activity such as preserved visual acuity, less severe ocular exacerbations and a... More