OmniAb, Inc. (NASDAQ:OABI) Q2 2024 Earnings Call August 8, 2024 4:30 PM ET

Company Participants

Kurt Gustafson - Chief Financial Officer
Matt Foehr - President and Chief Executive Officer

Conference Call Participants

Michael Sonntag - Leerink Partners
Chad Wiatrowski - TD Cowen
Stephen Willey - Stifel
Conor McNamara - RBC Capital Markets

Operator

Good afternoon and welcome to OmniAb Incorporated 2024 Financial Results and Business Update Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the call over to Kurt Gustafson, Chief Financial Officer. You may begin.

Kurt Gustafson

Thank you, operator, and good afternoon, everyone. This is Kurt Gustafson, OmniAb’s Chief Financial Officer, and thank you all for joining our second quarter 2024 financial results conference call. There are slides to accompany today’s prepared remarks, and they’re available on the Investors section of our website at omniab.com.

Before we begin, as summarized on Slide 2, I would like to remind listeners that comments made during this call will include forward-looking statements within the meaning of the federal securities laws. These forward-looking statements involve risks and uncertainties that could cause actual results to be materially different from any anticipated results. These forward-looking statements are qualified by the cautionary statements contained in today’s press release and our SEC filings. Importantly, this conference call contains time-sensitive information that is accurate only as of the date of the live broadcast today, August 8, 2024. Except as required by law OmniAb undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date of this call.

Joining me on the call today is Matt Foehr, OmniAb’s President and CEO. During today’s call, Matt and I will provide highlights on the company’s operations, partner and technology updates and our recent financial results. At the conclusion of our prepared remarks, we’ll open the call to questions.

And with that, let me turn the call over to Matt.

Matt Foehr

Thanks, Kurt. Good afternoon, everyone, and thanks for joining us today on our Q2 conference call. I’ll pick up the presentation this afternoon here on Slide #4. During the quarter, we continued to grow our business with the addition of new partnerships. Given the velocity of new deals and a growing book of business, this year has the potential to be our best year ever in new partners and licenses. In parallel, our existing partners continue to advance their programs in the clinic, thereby strengthening our pipeline this year and beyond.