OmniAb says it now makes enough money on its own and doesn't need outside funding.

OABI · OmniAb, Inc.

The AI's read

That could reduce OmniAb's need to raise money from investors to keep its work going. The possible milestone payments are not money the company has received. It still aims to reach cash break-even by 2026, so the positive reading rests mainly on its claim that it can operate without outside funding.