Financial MilestonesOABI's current partner pipeline from preclinical to registration comes with $550M+ in potential milestones, supporting management's belief it has adequate capital to reach cash flow profitability.
Operational EfficiencyManagement reaffirmed that cash burn is expected to be even lower in 2025 compared to 2024, indicating improved operational efficiency.
Partnership ExpansionOmniAb entered into three new platform license agreements with 92Bio, Memorial Sloan Kettering Cancer Center, and Queen Mary University of London, highlighting its commitment to building a diversified portfolio backed by differentiated technologies.