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Abcellera Biologics ABCL · USD

Health Care · US listing · 🇺🇸 United States

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12.50

+5.22%

Close of 9 Nov 2026, in USD

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About Abcellera Biologics

From its filings with the US Securities and Exchange Commission

SEC filings

Abcellera Biologics is based in Vancouver, British Columbia, Canada and is incorporated in British Columbia, Canada. Its shares trade on Nasdaq under the ticker ABCL. The SEC classifies its business as pharmaceutical preparations. In the fiscal year to 31 December 2025, it reported revenue of $75.1m and a net loss of $146.4m. At that date it held total assets of $1.36bn and shareholders' equity of $966.9m. By region, Canada accounted for 85.2%, followed by United States at 14.8%.

In its own words

AbCellera is a clinical-stage biotechnology company focused on discovering and developing first-in-class antibody medicines for indications with high unmet medical need. We have built a platform for advancing antibody drug programs that we believe provides us with a competitive advantage in addressing challenging, high-value targets such as complex transmembrane proteins and novel modalities including multispecifics and antibody-drug conjugates. While we historically used our platform for our partners’ programs, we have evolved our strategy to build our own internal pipeline of AbCellera-owned drug assets.

As of December 31, 2025, we have approximately $700 million in available liquidity to continue executing on our strategy. We believe we have the capital to fund our operations beyond the next three years. We expect to generate losses and negative operating cash flow in the near-to-medium term ahead of revenues generated from out-licensing programs and milestone payments and royalties in the longer term.

Our strategy is to use our competitive advantage to create innovative and impactful medicines for patients. Our strategy is indication-agnostic. We evaluate and seek to advance programs where we have confidence in the science; can pursue a significant commercial opportunity resulting from addressing an unmet medical need; possess potential for differentiation; and see a clear development path with early opportunity to retire risk.

Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Health Care
Industry
Life Sciences Tools & Services
Listed since
11 Dec 2020
Employees
562
Head office
150 W 4TH AVENUE, VANCOUVER, A1, V5Y 1G6
Incorporated in
A1
Classification
Pharmaceutical Preparations
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Dr. Carl HansenChairman of the Board, President, Chief Executive Officer, Co-Founder, since 2012$8.2m
  • Dr. Veronique LecaultCo-Founder, Chief Operating Officer, Director, since 2018$3.4m
  • Mr. Andrew BoothChief Financial Officer, since 2016$3.4m
  • Mr. Tryn StimartChief Legal Officer, Chief Compliance Officer, Corporate Secretary and Privacy Officer, since 2023$2.9m
  • Dr. Sarah NoonbergChief Medical Officer
  • Dr. Michael HaydenLead Independent Director$416,284
  • Dr. Andrew LoIndependent Director$374,459
  • Mr. John MontalbanoIndependent Director$388,784

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
43
Environment
44
Social
59
Governance
25
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Abcellera Biologics Inc. possesses several strengths that contribute to its success:

Weaknesses

  • Despite its strengths, Abcellera Biologics Inc. also experiences certain weaknesses:

Opportunities

  • Abcellera Biologics Inc. has various opportunities for growth and expansion:

Threats

  • The following threats pose challenges for Abcellera Biologics Inc.:

Sources and methodology

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