Financial StrengthOmniAb bolstered its balance sheet by raising $30 million from the sale of 21.2 million shares and has approximately $59.5 million in cash on hand.
Partnership GrowthOmniAb has increased its number of active partners to 104, up from 91 at the start of the year, with 32 in clinical development or already commercialized.
Platform ExpansionOmniUltra expands OmniAb’s discovery platform by adding ultralong regions, broadening the range of partners and programs the platform can support.