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OmniAb, Inc. - OABI STOCK NEWS

Welcome to our dedicated page for OmniAb news (Ticker: OABI), a resource for investors and traders seeking the latest updates and insights on OmniAb stock.

OmniAb, Inc. (Symbol: OABI) is at the forefront of therapeutic antibody discovery technologies. The company offers a cutting-edge platform that provides pharmaceutical industry partners access to diverse antibody repertoires and high-throughput screening technologies. This enables the discovery of next-generation therapeutics, paving the way for rapid development of treatments across a wide range of diseases.

OmniAb's platform is centered around its proprietary transgenic animals, including OmniRat, OmniMouse, and OmniChicken. These genetically modified animals are designed to produce antibodies with human sequences naturally optimized through in vivo affinity maturation, ensuring high-quality and fully human antibodies.

By pushing the frontiers of drug discovery technologies, OmniAb is committed to accelerating the development of new therapeutics. Their Biological Intelligence technology is a significant advancement that meets the increasing demand for innovative and efficacious treatments in the pharmaceutical industry.

With a focus on efficiency and quality, OmniAb's platform supports a wide range of discovery projects and partnerships, making it a valuable resource for pharmaceutical companies aiming to develop the next wave of therapeutic antibodies.

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OmniAb, Inc. (NASDAQ: OABI) appoints Steve Love to its Board of Directors. Mr. Love has over 30 years of financial experience and will serve on OmniAb's Audit Committee as Chair. With this appointment, the OmniAb Board now has seven directors, including five independent directors.
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OmniAb, Inc. (Nasdaq: OABI) will hold a Research & Technology virtual event on November 9th at 11:00 a.m. Eastern time. The event will include an update on the company's technology offerings, a review of third quarter financial results, and a Q&A session. Interested parties can register in advance on OmniAb's website.
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OmniAb, Inc. to hold virtual Research & Technology event on November 9th
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OmniAb, Inc. (NASDAQ: OABI) to participate in two investor conferences in September.
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OmniAb, Inc. reports Q2 2023 financial results, highlighting growth and progress in business development and partner programs. Revenue for Q2 2023 was $6.9 million, compared to $7.2 million in Q2 2022. Net loss for Q2 2023 was $14.7 million. OmniAb added four new partners, bringing the total active partner count to 74. The company's partners have a total of 305 active programs, with 29 in the clinical stage or later. Important milestones include the acceptance of the Biologics License Application for batoclimab in China and the initiation of Phase 1 clinical trials for Immunovant's IMVT-1402 and Gloria's GLS-012. OmniAb achieved a research progression milestone and received a payment of $2.0 million from GSK. Cash, cash equivalents, and short-term investments as of June 30, 2023, were $103.1 million.
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OmniAb, Inc. (NASDAQ: OABI) announces the sudden passing of Director Sunil Patel, who had been a highly-valued member of the Board of Directors since the company's spin-out from Ligand Pharmaceuticals. The company expresses gratitude for his contributions and extends condolences to his loved ones. Sunil Patel's extensive experience in the biotechnology industry and his pivotal role in driving OmniAb's strategy and investments will be remembered. His passing leaves a lasting impact on the company's future.
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FAQ

What is the current stock price of OmniAb (OABI)?

The current stock price of OmniAb (OABI) is $3.17 as of January 29, 2025.

What is the market cap of OmniAb (OABI)?

The market cap of OmniAb (OABI) is approximately 385.4M.

What does OmniAb, Inc. do?

OmniAb, Inc. focuses on therapeutic antibody discovery technologies, providing pharmaceutical industry partners with access to diverse antibody repertoires and high-throughput screening technologies to discover next-generation therapeutics.

What is the core technology of OmniAb?

OmniAb's core technology includes proprietary transgenic animals such as OmniRat, OmniMouse, and OmniChicken, designed to generate high-quality, fully human antibodies optimized through in vivo affinity maturation.

How does OmniAb's technology benefit pharmaceutical companies?

OmniAb's technology enables pharmaceutical companies to efficiently discover and develop new therapeutics with high-quality, fully human antibodies, accelerating the drug discovery process.

What are some of OmniAb's recent achievements?

OmniAb has made significant advancements in its technology platform, continuously improving its transgenic animal models and screening technologies to support the discovery of next-generation therapeutics.

What diseases does OmniAb target with its therapeutic antibodies?

OmniAb's technology platform can be used to discover therapeutic antibodies for a wide range of diseases, providing versatile solutions for various medical conditions.

Who are OmniAb's partners?

OmniAb collaborates with various pharmaceutical companies, providing them with access to their advanced therapeutic antibody discovery technologies.

What makes OmniAb's transgenic animals unique?

OmniAb's transgenic animals, such as OmniRat, OmniMouse, and OmniChicken, are genetically modified to produce antibodies with human sequences, naturally optimized through in vivo affinity maturation, ensuring high-quality and fully human antibodies.

How does OmniAb ensure the quality of its antibodies?

OmniAb uses advanced screening technologies and Biological Intelligence to ensure the antibodies produced are of high quality and fully human, suitable for therapeutic development.

What is the significance of OmniAb's Biological Intelligence technology?

OmniAb's Biological Intelligence technology is significant as it enhances the efficiency and quality of antibody discovery, accelerating the development of next-generation therapeutics.

How can I stay updated on OmniAb's latest news?

You can stay updated on OmniAb's latest news by following their official announcements and updates through stock market websites and financial news platforms.
OmniAb, Inc.

Nasdaq:OABI

OABI Rankings

OABI Stock Data

385.43M
97.91M
6.01%
68.72%
6.44%
Biotechnology
Services-commercial Physical & Biological Research
Link
United States of America
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