AbCellera Reports Q1 2024 Business Results
AbCellera started discovery on an additional three partner-initiated programs with downstreams to reach a cumulative total of 90 partner-initiated program starts with downstreams in Q1 2024 (up from 75 on March 31, 2023).
- AbCellera started discovery on an additional three partner-initiated programs with downstreams to reach a cumulative total of 90 partner-initiated program starts with downstreams in Q1 2024 (up from 75 on March 31, 2023).
- Revenue – Total revenue was $10.0 million, compared to $12.2 million in Q1 2023.
- Partnerships generated research fees of $9.8 million, compared to $10.6 million in Q1 2023.
- AbCellera will host a conference call and live webcast to discuss these results today at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).