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Immunoprecise Antibodies Ltd IPA

ImmunoPrecise Antibodies Ltd. is a biotechnology company that leverages multi-omics modeling and complex artificial intelligence through a series of proprietary and patented technologies. The Company owns an integrated end-to-end suite of capabilities to support the development of therapeutic antibodies. It has several subsidiaries in North America and Europe including entities, such as Talem Therapeutics LLC, BioStrand BV, ImmunoPrecise Antibodies (Canada) Ltd. and ImmunoPrecise Antibodies (Europe) B.V. (collectively, the IPA Family). Its Contract Research Organizations (CRO) services include B cell Select; Phage Display; DeepDisplay; Abthena Bispecifics; LucinaTech Humanization; Affinity Maturation; Immunization, hybridoma, sequencing; rPEx protein manufacturing, and Cell line development. The Company utilizes custom antigen modeling, target analysis using Natural Language Processing and the HYFTTM analysis to lay the groundwork for the subsequent experimental phases.


NDAQ:IPA - Post by User

Post by GoldenArmon Mar 18, 2021 9:18am
172 Views
Post# 32824612

Q3 2021 is out and looks great Higher sales and growing

Q3 2021 is out and looks great Higher sales and growingI wish the did better PR but the financials look very strong and the company is definitely a winner with Polytope

https://www.businesswire.com/news/home/20210317005871/en/ImmunoPrecise-Reports-Financial-Results-and-Recent-Business-Highlights-for-Third-Quarter-of-2021-Fiscal-Year
  • Increased revenue for the nine months ended January 31st, 2021 by 32% to $13,035,522.
  • Record adjusted EBITDA for the nine months ended January 31st, 2021 of $2,564,257, a significant increase from the $18,356 for the nine months ended January 31, 2020.
  • Closed USD$21.7 million bought deal offering of common shares.
  • Closed over-allotment option associated with the previously completed bought deal of USD$3.3 Million
  • ImmunoPrecise and Genmab enter into a technology partnership targeting infectious disease
  • ImmunoPrecise and Litevax advance SARS-CoV-2 vaccine candidate for further pre-clinical evaluation
  • Commenced trading on Nasdaq stock exchange
  • Announced positive data from pre-clinical study of TATX-03 Polytope™ monoclonal antibody cocktail candidate against COVID-19
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