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.
New Product LaunchThe company introduced a new product, OmniUltra, targeting CAR-T, radiopharma, and peptide-based biotech developers.
Partnership ExpansionOmniAb 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.