Financial PerformanceAbCellera reported financial results that were below estimates, with a significant EPS miss due to a $32M non-cash R&D impairment charge.
Research And DevelopmentResearch fees are expected to decline as focus shifts to internal pipeline and co-development programs, raising concerns about future revenue stability.
RevenueABCL's quarterly revenue of $6.5M did not meet expectations, with the absence of any milestone achievements.