DALLAS, Oct. 1, 2009 (GLOBE NEWSWIRE) -- BeaconEquity.com announces an investment report featuring biopharmaceutical company XOMA Ltd. (Nasdaq:XOMA). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on XOMA Ltd. (Nasdaq:XOMA) should be of particular interest to other biopharmaceutical companies: Amgen Inc. (Nasdaq:AMGN), Emergent BioSolutions Inc. (NYSE:EBS) and Wyeth (NYSE:WYE).
It is available at: http://www.beaconequity.com/i/XOMA
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XOMA Ltd. (XOMA) is a biopharmaceutical company focused on the discovery, development and manufacture of therapeutic antibodies. XOMA uses its expertise, technologies and capabilities to build a product pipeline that includes multiple collaborative development programs.
In the report, the analyst notes:
"In the second quarter, XOMA achieved a key goal by completing the second and third parts of the XOMA 052 U.S. phase I trial in patients with type 2 diabetes. The Company reported positive results after three doses out to the last day of the study, demonstrating a favorable safety profile and clinically meaningful improvements in diabetic and inflammatory measures. According to the Company, the first evidence of improved peripheral insulin sensitivity was observed.
"On September 15, 2009, XOMA received a letter from the NASDAQ Stock Market indicating that for the preceding 30 consecutive business days, the bid price of the Company's common shares closed below the minimum $1 per share requirement pursuant to NASDAQ Marketplace Rule 4450(a)(5) for continued inclusion on the NASDAQ Global Market. If the Company does not regain compliance by March 15, 2010, NASDAQ would provide written notification that the Company's common shares will be delisted, after which the Company may appeal to the NASDAQ Listing Qualifications Panel."
To read the entire report visit: http://www.beaconequity.com/i/XOMA
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