Welcome to our dedicated page for OmniAb news (Ticker: OABI), a resource for investors and traders seeking the latest updates and insights on OmniAb stock.
OmniAb, Inc. (OABI) delivers cutting-edge therapeutic antibody discovery through proprietary transgenic animal platforms and high-throughput screening technologies. This page provides investors and industry professionals with essential updates on the company's scientific advancements, financial performance, and strategic collaborations.
Access consolidated news about OmniAb's drug discovery milestones, including FDA designations, partnership announcements with pharmaceutical leaders, and technology licensing developments. Our repository tracks critical updates ranging from preclinical breakthroughs to quarterly earnings reports.
Key content includes analyses of OmniRat® platform innovations, progress in antibody therapeutic pipelines, and financial disclosures. Bookmark this page to efficiently monitor how OABI's antibody generation capabilities influence biopharmaceutical development timelines and partner-driven revenue streams.
OmniAb (NASDAQ: OABI) reported Q2 2025 financial results, showing revenue of $3.9 million, down from $7.6 million in Q2 2024. The company posted a net loss of $15.9 million ($0.15 per share). Despite lower revenue, OmniAb achieved significant business milestones, reaching 100 active partners and 381 active programs, including 32 OmniAb-derived programs in clinical development or commercialization.
The company launched the xPloration® Partner Access Program and entered six new license agreements. Notable highlights include partner Immunovant initiating Phase 3 trials for IMVT-1402, and Johnson & Johnson's JNJ-5322 showing 100% overall response rate in initial Phase 1 results. OmniAb maintains its 2025 revenue guidance of $20-25 million and expects operating expenses of $85-90 million.
OmniAb (NASDAQ: OABI) has scheduled its second quarter 2025 financial results announcement for August 6, 2025, after U.S. market close. The company will host a conference call and webcast at 4:30 p.m. Eastern time to discuss the results and provide business updates.
Interested parties can access the call via phone using U.S. number (800) 549 8228 or international number (289) 819 1520 with Conference ID 93102. A live webcast with slides will also be available for viewing.
OmniAb (NASDAQ: OABI) showcased its innovative xPloration platform at the 21st Annual PEGS Boston Summit. The platform is a high-throughput single B-cell screening technology that leverages machine learning and AI for antibody discovery. xPloration processes millions of single B-cells and identifies thousands of antibody variants within hours, screening 10 times more single cells per day than other spatial separation techniques.
Key features include a laser-based "touchless" cell recovery process, short 1.5-hour instrument run times, and AI-assisted image analysis. The platform supports various assay formats, including multiplex cell surface binding and cross-blocking assays. OmniAb has launched a Partner Access Program, allowing current partners to purchase the instrument for their laboratories.
OmniAb (NASDAQ: OABI) has launched the xPloration Partner Access Program, allowing current partners to purchase their proprietary high-throughput single B-cell screening platform. The xPloration instrument leverages machine learning and AI to enhance antibody discovery and development capabilities.
The platform features custom chips with 1.5 million microcapillaries for B-cell isolation and completes instrument runs in approximately 1.5 hours. Key advantages include superior processing speed, exceptional hit recovery, and enhanced discovery efficiency through laser-based recovery and advanced functional screening assays. The technology will be showcased at the 21st Annual PEGS Boston Summit (May 12-16, 2025) through presentations by Dr. Bob Chen and Dr. John Kenney.
OmniAb (NASDAQ: OABI) has announced its participation in five upcoming investor conferences in May and June 2025. The company's management will attend:
- H.C. Wainwright 1st Annual Royalty Company Virtual Conference (May 13)
- H.C. Wainwright 3rd Annual BioConnect Investor Conference at Nasdaq (May 20)
- RBC Capital Markets Global Healthcare Conference (May 20-21)
- Benchmark 2025 Healthcare House Call Virtual Conference (May 29)
- Jefferies Global Healthcare Conference (June 3-5)
Management will participate in fireside chats, panel discussions, and one-on-one meetings with investors across these events.
OmniAb (NASDAQ: OABI) has announced two strategic appointments to its Board of Directors: Philip J. Gotwals, Ph.D., and Steve Crouse, while Director Sarah Boyce steps down after nearly six years of service. These changes increase the board size to seven members.
Dr. Gotwals brings 30 years of biopharmaceutical experience, notably as Global Head of Business Development and Licensing at Novartis Institutes for BioMedical Research, where his team executed over 50 major strategic transactions. He will serve on the Human Capital Management & Compensation Committee and Science & Technology Committee.
Steve Crouse, currently Senior Vice President and General Manager of Bio-Techne's Analytical Solutions Division, contributes over 20 years of life sciences expertise. He will serve on the Audit Committee and Science & Technology Committee.
OmniAb (NASDAQ: OABI) has announced it will release its first quarter 2025 financial results on Thursday, May 8, 2025, after U.S. financial markets close. The company will host a conference call and webcast on the same day at 4:30 p.m. Eastern time (1:30 p.m. Pacific time) to discuss the quarterly results and provide business updates.
Participants can join via phone using U.S. number (800) 549 8228 or International number (289) 819 1520 with Conference ID 96760. A live webcast with slides will also be available.
OmniAb (NASDAQ: OABI) reported its Q4 and full-year 2024 financial results. Q4 revenue increased to $10.8 million from $4.8 million in Q3 2023, while full-year 2024 revenue decreased to $26.4 million from $34.2 million in 2023. The company reported a Q4 net loss of $13.1 million ($0.12 per share) and a full-year net loss of $62.0 million ($0.61 per share).
As of December 31, 2024, OmniAb had 91 active partners and 363 active programs, including 32 OmniAb-derived programs in clinical development or commercialization. The company signed 10 new license agreements in 2024. For 2025, OmniAb projects revenue between $20-25 million and operating expenses of $90-95 million.
The company launched OmniHub™, a unified interface for partners to access discovery campaign data. Notable partner developments include Immunovant's IMVT-1402 progress, with six IND applications cleared, and various clinical advancements in partner programs including batoclimab, acasunlimab, and sugemalimab.
OmniAb (NASDAQ: OABI) will announce its fourth quarter and full-year 2024 financial results on March 18, 2025, after the U.S. financial markets close. The company will also hold a conference call on the same day at 4:30 p.m. Eastern time to discuss the results.