AbCellera Biologics(ABCL)

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AbCellera Biologics(ABCL) - 2023 Q2 - Earnings Call Transcript
2023-08-04 03:03
AbCellera Biologics Inc. (NASDAQ:ABCL) Q2 2023 Earnings Conference Call August 3, 2023 5:00 PM ET Company Participants Tryn Stimart - Chief Legal & Compliance Officer Carl Hansen - Chief Executive Officer & President Andrew Booth - Chief Financial Officer Conference Call Participants Andrea Tan - Goldman Sachs Antonia Borovina - Bloom Burton Steven Mah - Cowen Stephen Willey - Stifel Malcolm Hoffman - BMO Gaurav Goparaju - Berenberg Operator Good afternoon, and thank you, and welcome to AbCellera's Second Q ...
AbCellera Biologics(ABCL) - 2023 Q2 - Earnings Call Presentation
2023-08-03 23:40
Q2 2023 BUSINESS UPDATE ARELLECBA AUGUST 3, 2023 © DISCLAIMER Th ...
AbCellera Biologics(ABCL) - 2023 Q2 - Quarterly Report
2023-08-02 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number ...
AbCellera Biologics(ABCL) - 2023 Q1 - Earnings Call Transcript
2023-05-05 01:30
AbCellera Biologics Inc. (NASDAQ:ABCL) Q1 2023 Results Conference Call May 4, 2023 5:00 PM ET Company Participants Tryn Stimart - Chief Legal and Compliance Officer Dr. Carl Hansen - Chairman, Chief Executive Officer, and President Andrew Booth - Chief Financial Officer Conference Call Participants Andrea Tan - Goldman Sachs Antonia Borovina - Bloom Burton Stephen Willey - Stifel Nishant Gandhi - Truist Gaurav Goparaju - Berenberg Puneet Souda - SVB Securities Malcolm Hoffman - BMO Steven Mah - Cowen Operat ...
AbCellera Biologics(ABCL) - 2023 Q1 - Quarterly Report
2023-05-03 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 _________________________________________________________ FORM 10-Q _________________________________________________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Numbe ...
AbCellera Biologics(ABCL) - 2022 Q4 - Earnings Call Presentation
2023-02-22 00:48
AbCellera FULL YEAR 2022 BUSINESS UPDATE FEBRUARY 21, 2023 DISCLAIMER ULL YEAR 2022 BUSINESS UPDAT This presentation contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. All statements contained in this presentation other than statements of historical fact are forward-lo ...
AbCellera Biologics(ABCL) - 2022 Q4 - Earnings Call Transcript
2023-02-22 00:47
AbCellera Biologics Inc. (NASDAQ:ABCL) Q4 2022 Earnings Conference Call February 21, 2023 5:00 PM ET Company Participants Tryn Stimart - Chief Legal and Compliance Officer Carl Hansen - Chairman, Chief Executive Officer, and President Andrew Booth - Chief Financial Officer Conference Call Participants Tiago Fauth - Credit Suisse Andrea Tan - Goldman Sachs Gary Nachman - BMO Robyn Karnauskas - Truist Gaurav Goparaju - Berenberg Antonia Borovina - Bloom Burton Operator Good afternoon. And welcome to AbCellera ...
AbCellera Biologics(ABCL) - 2022 Q4 - Annual Report
2023-02-20 16:00
lll UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-39781 AbCellera Biologics Inc. (Exact name of Registrant as specified in its Charter) British Columbia Not Applicable (State or o ...
AbCellera Biologics(ABCL) - 2022 Q3 - Earnings Call Transcript
2022-11-09 02:14
Financial Data and Key Metrics Changes - Revenue for Q3 2022 was approximately $101 million, driven largely by $93 million in royalties from bebtelovimab shipments [16][20] - The company reported a net profit of approximately $27 million, compared to a loss of roughly $21 million in Q3 2021 [20] - Operating cash flows for the first nine months of 2022 contributed $246 million to cash, with over $850 million in cash equivalents and marketable securities at the end of the quarter [20][21] Business Line Data and Key Metrics Changes - The company started work on four new discovery programs in Q3 2022, bringing the cumulative total to 92 program starts [14] - The total number of molecules in the clinic increased to seven, with one new molecule entering clinical trials for Alzheimer's disease [15] - The company ended Q3 2022 with 164 programs under contract with 38 unique partners [14] Market Data and Key Metrics Changes - The company noted that bebtelovimab was the only authorized monoclonal antibody effective against all variants of concern for much of Q3 [13] - Recent variants BQ1 and BQ1.1 are likely resistant to bebtelovimab, prompting the identification of a new lead antibody candidate [13] Company Strategy and Development Direction - The company's strategy focuses on being the best in the world at bringing antibody therapies from target to clinic and building a diversified portfolio of stakes in future antibody drugs [9] - The company aims to smooth out the binary risk of biotech investing by providing access to a curated slice of the market enriched for its best parts [9] - The company is investing in co-development partnerships to enhance potential economics and has initiated seven programs under this structure with four different partners [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's competitive position and ability to address difficult targets, particularly in the GPCR and Ion Channel spaces [10][13] - The company anticipates sharing data on clinical candidates from ongoing technology development efforts in 2023 [13] - Management believes they have sufficient liquidity to fund growth and investments well beyond the next three years [21] Other Important Information - The company has nearly $900 million in total cash equivalents and marketable securities, providing a solid foundation for future innovation [8] - The company is on track to have its GMP facility operational by the end of 2024, with commercial batches expected to begin in 2025 [31] Q&A Session Summary Question: Can you discuss the discovery process for GPCR targets? - Management explained that GPCRs and Ion Channels are challenging due to poor immunogenicity and small epitopes, requiring a latticework of technologies for successful discovery [22][23] Question: Is there any impact on program starts due to increased caution in capital spending by Biopharma? - Management noted that while there is macroeconomic caution, they are prioritizing high-value deals and expect to see fewer but more valuable programs [28] Question: Can we expect similar announcements for future programs entering preclinical studies? - Management indicated that they typically do not announce preclinical advancements unless significant progress is made, as seen with the Regeneron program [30] Question: What is the timeline for the new COVID Mab? - Management expects the timeline for the new antibody candidate to be similar to previous COVID-19 developments, pending a clear regulatory path [27] Question: Can you provide updates on the GMP facility? - Management confirmed that the GMP facility is on track for completion by the end of 2024, with commercial batches expected in 2025 [31] Question: What is the key selling point for the Regeneron deal? - Management stated that the partnership leverages their capabilities to move stuck programs forward, particularly in challenging target classes like GPCRs [46]