regulatory
confidence high
sentiment positive
materiality 0.85
AbCellera-discovered antibody bebtelovimab receives FDA EUA for COVID-19 treatment
AbCellera Biologics Inc.
- Bebtelovimab (LY-CoV1404) authorized for mild-to-moderate COVID-19 in high-risk patients 12+.
- Neutralizes Omicron including BA.2 and all known variants; binds rarely mutated spike region.
- Second AbCellera antibody from Lilly collaboration; dosage 175 mg IV injection.
- U.S. government agreed to buy up to 600,000 doses by March 2022, option for 500,000 more.
- CEO Hansen highlights potency; previous antibody bamlanivimab also received EUA.