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BioWorld - Wednesday, March 3, 2021
Home » Keywords » Abcellera Biologics Inc.

Items Tagged with 'Abcellera Biologics Inc.'

ARTICLES

Bamlanivimab and etesevimab

FDA grants EUA for Abcellera-Junshi-Lilly COVID-19 treatment

Feb. 10, 2021
By Lee Landenberger
No Comments
Another monoclonal antibody therapy has entered the pandemic fray with the FDA granting emergency use authorization (EUA) for bamlanivimab (LY-CoV555) 700 mg and etesevimab (JS016 or LY-CoV016) 1,400 mg as a cocktail for treating mild to moderate COVID-19 in patients aged 12 and up at high risk for progressing to severe COVID-19 and/or hospitalization.
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Global map, financial charts

Biotech equities lose momentum in January

Feb. 3, 2021
By Peter Winter
No Comments
The biotechnology sector took a back seat in January as investors focused on the volatility caused by a retail trading frenzy on Wall Street.
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Bamlanivimab

Lilly finds COVID-19 nursing home success for bamlanivimab

Jan. 21, 2021
By Lee Landenberger
No Comments
Antibody development for treating COVID-19 continues producing positive results, the latest being from Eli Lilly and Co.’s bamlanivimab (LY-CoV-555), which reduced nursing home residents’ risk of contracting symptomatic COVID-19 by 80%, according to new data from its phase III Blaze-2 study.
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2020 formed with $100 stacks

Massive amounts of capital raised amid a raging pandemic

Jan. 12, 2021
By Peter Winter
No Comments
A decade from now, 2020 likely will be considered a year like no other in terms of the massive amounts of capital raised amid a raging pandemic. Financing transactions of all types smashed records and in terms of volume hit 1,580, a total that was 42% higher than last year.
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2020 formed with $100 stacks

Massive amounts of capital raised amid a raging pandemic

Jan. 11, 2021
By Peter Winter
No Comments
A decade from now, 2020 likely will be considered a year like no other in terms of the massive amounts of capital raised amid a raging pandemic. Financing transactions of all types smashed records and in terms of volume hit 1,580, a total that was 42% higher than last year despite the serious disruptions to normal business operations.
Read More
Abcellera scientist prepares reagents in lab

Abcellera IPO rockets upward with $555.5M in gross proceeds

Dec. 28, 2020
By David Godkin
No Comments
TORONTO – It took the Vancouver, British Columbia-based biotech three times, but before the week in mid-December was over, Abcellera Biologics Inc. had finally closed its IPO on the Nasdaq, hoovering up gross proceeds of $555.5 million.
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Lilly starts COVID-19 antibody trial, expanding on earlier efforts

June 1, 2020
By Michael Fitzhugh
No Comments
Eli Lilly and Co. said June 1 the first patients have been dosed in a phase I test of LY-CoV555, a potential antibody treatment for COVID-19, with results expected by June 30. Should it prove safe, the candidate could quickly move into a phase II trial to assess its efficacy, Ajay Nirula, vice president of immunology at Lilly, told BioWorld.
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Antibodies fighting coronavirus

Abcellera raises $105M in series B, following Lilly collaboration and COVID-19 funding award

May 27, 2020
By David Godkin
No Comments
Within a month of disclosing a CA$175.6 million (US$124.7 million) award from the Canadian government to use its antibody discovery platform for the analysis of patients who have recovered from COVID-19, Abcellera Biologics Inc. closed a $105 million series B financing aimed at expanding its capacity and investing in new technologies that complement its antibody discovery engine.
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Antibodies fighting coronavirus

Abcellera awarded CA$175.6M to identify COVID-19 antibodies, boost pandemic manufacturing solutions

May 20, 2020
By David Godkin
No Comments
TORONTO – How confident is Canada’s government that Abcellera Biologics Inc. can identify viral antibodies to help stop COVID-19 in its tracks and build the manufacturing infrastructure for antibody therapies against future pandemic threats? Enough to award the Vancouver, British Columbia-based biotech CA$175.6 million (US$124.7 million) for the application of its antibody discovery platform to the analysis of patients who have recovered from COVID-19.
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Artificial intelligence and digital health icons

Biopharma companies turning to artificial intelligence for drug discovery

March 17, 2020
By Peter Winter
No Comments
The importance of artificial intelligence and machine learning (AI/ML) has not been lost on drug development companies. Recently, to help accelerate the discovery of therapies to treat COVID-19, several deals have been established to help deploy those tools.
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