AbCellera Biologics Inc. (ABCL) News
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ABCL News Highlights
- ABCL's 30 day story count now stands at 33.
- Over the past 19 days, the trend for ABCL's stories per day has been choppy and unclear. It has oscillated between 1 and 7.
- The most mentioned tickers in articles about ABCL are MRNA, MG and ADAP.
Latest ABCL News From Around the Web
Below are the latest news stories about AbCellera Biologics Inc that investors may wish to consider to help them evaluate ABCL as an investment opportunity.
On September 15th, Berkeley Lights (BLI) was the subject of an extremely long and messy report by short seller Scorpion Capital, outlining its bearish thesis on the company. As a result of this thesis and of the press given by major financial networks, shares of Berkeley have tanked roughly 30%...
AbCellera Biologics Inc (NASDAQ: ABCL ) and Everest Medicines Limited have entered into a multi-year collaboration and license agreement to discover therapeutic antibodies for up to 10 targets selected by Everest. The partnership will help expand Everest''s portfolio of novel medicines Full story available on Benzinga.com
AbCellera and Everest Medicines Announce Multi-Target Collaboration to Advance New Antibody Therapies
10-target partnership leverages AbCellera''s technology to accelerate Everest''s pipeline of novel, innovative medicines to patients VANCOUVER, British Columbia and SHANGHAI , Sept. 23, 2021 /PRNewswire/ -- AbCellera (Nasdaq: ABCL) and Everest Medicines Limited (HKEX 1952.HK, "Everest") announced today that they have entered into a multi-year collaboration and license agreement to discover therapeutic antibodies for up to 10 targets selected by Everest. The partnership will help to expand Everest''s portfolio of novel medicines across multiple indications, with the initial programs focusing on targets in oncology. "We are proud to partner with Everest as they build a robust pipeline of innovative medicines for patients in Asia and beyond," said Carl Hansen , Ph.D., CEO and President of ...
Lilly to Supply the EU and EEA with up to 220,000 Doses of AbCellera-Discovered Bamlanivimab Together with Etesevimab for the Treatment of Confirmed COVID-19
VANCOUVER, British Columbia, September 21, 2021--Lilly to Supply the EU and EEA with up to 220,000 Doses of Bamlanivimab Together with Etesevimab for the Treatment of Confirmed COVID-19
The U.S. Food and Drug Administration has expanded the emergency use authorization for AbCellera Biologics’ (ABCL) bamlanivimab, which is administered with etesevimab to prevent SARS-CoV-2 infection or symptomatic COVID-19. Following the news, shares of the biotechnology firm rallied 19.8% in Thursday’s extended trade. The stock further gained 16.7% in pre-market trading session on Friday. The expanded authorization is based on the Phase 3 BLAZE-2 trial that showed bamlanivimab helped in preventing COVID-19 and reducing the risk of contracting the disease by up to 80% in nursing home residents and up to 57% among residents and staff of long-term care facilities.
There's only one day of trading left so let's start it off right with a look at the biggest pre-market stock movers for Friday.
The FDA has expanded the Emergency Use Authorization (EUA) for bamlanivimab 700 mg and etesevimab 1400 mg administered together to include post-exposure prophylaxis in certain individuals to prevent SARS-CoV-2 infection. Bamlanivimab emerged from the collaboration between Eli Lilly And Co (NYSE: LLY ) and AbCellera Biologics Inc (NASDAQ: ABCL ). The neutralizing antibodies can now be used together to treat high-risk individuals Full story available on Benzinga.com
The agency is allowing Lilly's product to be used as a prophylaxis in people who have been exposed to the virus.
Gainers Corvus Pharmaceuticals, Inc. (NASDAQ: CRVS) rose 42% to $3.21 in pre-market trading. AbCellera Biologics Inc. (NASDAQ: ABCL) rose 18% to $23.35 in pre-market trading. The FDA has expanded the Emergency Use Authorization (EUA) for bamlanivimab 700 mg and etesevimab 1400 mg administered together to include post-exposure prophylaxis in certain individuals to prevent SARS-CoV-2 infection. Innate Pharma S.A. (NASDAQ: IPHA) rose 15% to $6.61 in pre-market trading. SVB Leerink maintained Innate
Stocks moving in premarket trading Friday include Take-Two Interactive, Invesco, Lucid, Manchester United and AbCellera.