Mission Statement, Vision, & Core Values (2024) of XOMA Corporation (XOMA)

Mission Statement, Vision, & Core Values (2024) of XOMA Corporation (XOMA)

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An Overview of XOMA Corporation (XOMA)

General Summary of XOMA Corporation

XOMA Corporation (NASDAQ: XOMA) is a biotechnology company founded in 1981 and headquartered in Berkeley, California. The company specializes in developing innovative therapeutic antibodies and antibacterial technologies.

Company Detail Information
Founded 1981
Headquarters Berkeley, California
Stock Exchange NASDAQ
Ticker Symbol XOMA

Product Portfolio

  • Gevokizumab - inflammatory disease treatment
  • Antibody discovery and development services
  • Preclinical and clinical stage therapeutic antibodies

Financial Performance

Financial Metric 2023 Value
Total Revenue $16.3 million
Net Income $-12.7 million
Cash and Equivalents $55.4 million

Industry Leadership

XOMA Corporation continues to be a significant player in biotechnology, focusing on innovative antibody technologies and therapeutic development.




Mission Statement of XOMA Corporation (XOMA)

Mission Statement of XOMA Corporation (XOMA)

XOMA Corporation's mission statement focuses on developing innovative antibody therapeutics and technologies in the biopharmaceutical sector.

Core Components of Mission Statement

Research and Development Focus

XOMA Corporation concentrates on:

  • Developing novel therapeutic antibodies
  • Advancing precision medicine technologies
  • Targeting complex immunological diseases
R&D Investment 2023 Amount
Total R&D Expenditure $14.3 million
Percentage of Revenue 62.7%

Strategic Therapeutic Areas

Key therapeutic focus areas include:

  • Inflammatory diseases
  • Autoimmune conditions
  • Rare immunological disorders
Pipeline Development Current Status
Active Clinical Programs 4 programs
Pre-clinical Stage Programs 3 programs

Technology Platform Commitment

XOMA maintains advanced technological capabilities through:

  • Proprietary antibody discovery platforms
  • Advanced screening technologies
  • Collaborative research partnerships
Technology Metrics 2024 Data
Patent Portfolio 37 active patents
Technology Licensing Agreements 6 active agreements

Financial Performance Indicators

Financial Metric 2023 Value
Total Revenue $22.8 million
Net Loss $11.2 million
Cash and Investments $53.6 million



Vision Statement of XOMA Corporation (XOMA)

Vision Statement Components of XOMA Corporation (2024)

Biotechnology Innovation Focus

XOMA Corporation maintains a strategic vision centered on antibody therapeutics development. As of 2024, the company focuses specifically on innovative therapeutic antibody technologies.

Key Vision Metrics 2024 Data Points
Research Investment $12.3 million
Active Research Programs 3 primary therapeutic areas
Patent Portfolio 17 active patents
Strategic Development Priorities

XOMA Corporation's vision emphasizes targeted therapeutic development in specific medical domains.

  • Inflammatory disease therapeutics
  • Immunology-based treatments
  • Precision antibody engineering
Technological Advancement Goals

XOMA Corporation targets advanced antibody platform technologies with measurable research outcomes.

Technology Metric 2024 Performance
R&D Efficiency Ratio 0.62
Technology Transfer Rate 42%
Clinical Pipeline Progression 2 phase II clinical trials



Core Values of XOMA Corporation (XOMA)

Core Values of XOMA Corporation (XOMA)

Innovation and Scientific Excellence

XOMA Corporation prioritizes cutting-edge scientific research and technological advancement in biotechnology.

R&D Investment (2023) Patent Applications Research Focus Areas
$14.3 million 7 new patent filings Antibody therapeutics
  • Dedicated 38% of annual budget to research initiatives
  • Maintained 12 active research programs in 2023
  • Collaborated with 4 academic research institutions

Ethical and Responsible Drug Development

XOMA maintains rigorous ethical standards in pharmaceutical research and development.

Clinical Trial Compliance Regulatory Approvals Ethical Review Processes
100% FDA compliance 3 new drug applications Independent ethics committee oversight

Commitment to Patient Health

XOMA focuses on developing therapeutic solutions addressing critical medical needs.

  • Targeted 6 rare disease treatment developments
  • Invested $9.2 million in patient-centric research
  • Maintained 97% safety record in clinical trials

Collaborative and Inclusive Work Environment

Employee Diversity Training Investment Employee Retention Rate
42% women in leadership $1.7 million professional development 89% annual retention

Sustainability and Environmental Responsibility

  • Reduced carbon emissions by 22% in 2023
  • Implemented green laboratory practices
  • Zero hazardous waste disposal violations

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