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0.000798436166405083 0.000798436166405083 0.00355166432642277 0.00691060268164426 0.00355166432642277 0.0118113488064756 0.00820461991685246 0.0163266429889045
Stock impact report

AbCellera Biologics Pivots to Pipeline as ABCL635 Phase II Hot Flash Data Nears, Exec Says [Yahoo! Finance]

AbCellera Biologics Inc. - Common Shares (ABCL) 
Company Research Source: Yahoo! Finance
roughly $1 billion into an end-to-end antibody discovery, development and manufacturing platform and is now advancing internally selected targets. ABCL635 , an NK3R-targeting antibody for menopausal hot flashes, is the lead internal program with a Phase II readout expected in Q3 ("probably sometime after Labor Day"); early Phase I data show clean safety, PK alignment and biomarker target engagement, and the company plans a 80-patient, triple-blinded 2:1 randomized Phase II with plans to expand into cancer therapy–associated VMS and pursue a monthly auto-injector dosing profile. AbCellera completed a new GMP facility and holds about $700 million in cash equivalents and committed funding with an annual run rate near $120 million, positioning the company to push toward roughly five clinical programs and a broader discovery pipeline while remaining flexible on partnering. Interested in AbCellera Biologics Inc.? Here are five stocks we like better. Argenx's 28% Surge & Promising Pr Show less Read more
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