AbCellera (Nasdaq: ABCL) today announced an additional purchase by the U.S. government from Eli Lilly and Company (Lilly) for bamlanivimab with etesevimab for administration together. This neutralizing antibody therapy is authorized for emergency use for the treatment of mild to moderate COVID-19 or for post-exposure prophylaxis of COVID-19 in certain individuals. As part of the agreement, Lilly will supply 614,000 doses of bamlanivimab with etesevimab no later than January 31, 2022. A minimum of 400,000 doses will be supplied no later than December 31, 2021. Details regarding Lilly's agreement to provide the U.S. government with 614,000 additional doses of bamlanivimab with etesevimab for a total of $1.29 billion can be found here.
In the U.S., bamlanivimab alone and together with etesevimab has been used to treat more than 535,000 patients, potentially keeping more than 25,000 patients out of the hospital and saving more than 10,000 lives.
since it only trade in US ,not a big following here in Vancouver, but that will change.