XBiotech Inc. (XBIT) NASDAQ

Currency In USD

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XBiotech Inc.

Address

5217 Winnebago Lane

Austin, TX 78744

United States of America (the)

Phone

512 386 2900

Sector

Healthcare

Industry

Biotechnology

Employees

87

First IPO Date

April 15, 2015

Key Executives

NameTitlePayYear Born
Sushma ShivaswamyInterim CEO & Chief Scientific Officer570,9931978
Angela HuDirector of Finance245,4191984
John SimardFounder & Chairman27.13M1962
Qian WuSenior Vice President of Clinical Operations & Analytical Quality0N/A
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Description

XBiotech Inc. is a biopharmaceutical firm specializing in the discovery, development, and commercialization of True Human monoclonal antibodies. Their primary focus involves building a robust pipeline of product candidates aimed at combating both inflammatory and infectious diseases. Furthermore, the company is advancing interleukin-1 alpha-based therapies, which are designed to address a broad spectrum of medical conditions such as cancer, stroke, heart attack, and arthritis. Interleukin-1 alpha itself plays a crucial role in biological processes like tissue breakdown, angiogenesis, blood clot formation, malaise, muscle wasting, and inflammation. Additionally, XBiotech is developing a True Human COVID-19 therapy specifically targeting mutant strains of the virus. Established in 2005, XBiotech Inc. maintains its headquarters in Austin, Texas.

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