VANCOUVER, British Columbia-- AbCellera Biologics Inc. (Nasdaq: ABCL) has announced that it has received a No Objection Letter from Health Canada, granting authorization for its Clinical Trial Application for ABCL575. This investigational antibody medicine is being developed to treat moderate-to-severe atopic dermatitis and potentially other inflammatory and autoimmune conditions. ABCL575 is characterized as an Fc-silenced, half-life extended antibody targeting the OX40 ligand. The company plans to initiate a Phase 1 clinical trial in the third quarter of 2025, which will assess the safety and pharmacokinetics of the drug when administered subcutaneously in healthy participants.
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