Replies to post #160907 on Biotech Values

[DewDiligence]

XOMA—Are you concerned with the company's finances. They had $70 million in cash as of March 31st. They are burning $25 million/quarter.

Your arithmetic is off; cash burn in 1Q13 was $14.9M (#msg-87718360). The company’s guidance for 2013 full-year cash burn is $50M.