Xeris Biopharma enters Research Collaboration and Option Agreement With Horizon Therapeutics

(24/7 MARKET NEWS) – Xeris Biopharma Holdings, Inc. (Nasdaq: XERS) stated that it entered a research collaboration and option agreement with Horizon Therapeutics plc (Nasdaq: HZNP), under which Xeris will use its proprietary XeriJect™ formulation technology platform to develop an ultra-concentrated, ready-to-use, subcutaneous injection of teprotumumab and Horizon will have an option to license the Xeris technology.

Xeris is trading in this morning’s premarket at $1.32, up a nickel (+3.94%), nearing 200 thousand shares traded.

Its 52-week range is $1.19 to $3.1688, with its next inflection points at $1.39, $1.50 and $1.59.

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