Eli Lilly doubles down on Oblique partnership for antibody generation [Yahoo! Finance]
AbCellera Biologics Inc. - Common Shares (ABCL)
Company Research
Source: Yahoo! Finance
Building on the existing agreement from November 2023, Eli Lilly will continue to use Oblique's AbiProt platform to discover antibodies. Specifically, Sweden-based Oblique will partner with Lilly Catalyze360-ExploR&D, an arm of the company that offers clinical development capabilities for partnered biotechs and drug developers, as per a 22 August press release. The financial terms of the expanded deal were not disclosed, and neither was the target of its application. Oblique did state that if treatments are developed successfully, the partnership will “generate milestones and royalties”. Abiprot identifies therapeutic antibodies that can be programmed to have a specific pharmacological function. Oblique states its technology can help develop effective medicines against difficult-to-drug target proteins. The biotech's platform uses microfluidics and proteases as molecular probes and provides sequence and structure information for epitope identification. Oblique itself says it fo
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News
- Carl Hansen Buys Handful Of Shares In AbCellera Biologics [Yahoo! Finance]Yahoo! Finance
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- AbCellera Biologics Inc. (NASDAQ: ABCL) was downgraded by analysts at Benchmark Co. from a "buy" rating to a "hold" rating.MarketBeat
- Need To Know: The Consensus Just Cut Its AbCellera Biologics Inc. (NASDAQ:ABCL) Estimates For 2024 [Yahoo! Finance]Yahoo! Finance
ABCL
Earnings
- 8/6/24 - Beat
ABCL
Sec Filings
- 8/29/24 - Form 4
- 8/6/24 - Form 10-Q
- 8/6/24 - Form 8-K
- ABCL's page on the SEC website