AbCellera Biologics: Still A Concept Stock
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AbCellera Biologics Inc. is shifting its focus towards its wholly owned candidates rather than partnerships. The company has numerous early-stage assets in development, and its stock is trading near the net cash on its balance sheet.
December 23, 2024 | 10:00 pm
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AbCellera Biologics is focusing on its own drug candidates, with many early-stage assets. The stock is trading near the net cash on its balance sheet.
The shift in focus to wholly owned candidates could lead to long-term growth, but the early-stage nature of assets means short-term impact is uncertain. Trading near net cash suggests limited downside risk.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100