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Bullboard - Stock Discussion Forum 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... see more

NDAQ:IPA - Post Discussion

Immunoprecise Antibodies Ltd > Q3 2021 is out and looks great Higher sales and growing
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Post by GoldenArm on Mar 18, 2021 9:18am

Q3 2021 is out and looks great Higher sales and growing

I 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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