AbCellera Biologics Inc. announced a new therapeutic antibody discovery collaboration with an undisclosed mid-cap public biopharmaceutical company. The project will take advantage of the unique capabilities of AbCellera’s microfluidic screening platform, including high-throughput single B-cell selections using cell-based assays, and the ability to perform discovery from alternative species. This agreement marks AbCellera’s 25th partnered discovery program, including programs with five global pharmaceutical companies and six premier venture-backed and publicly-traded biotech firms. This project further exemplifies AbCellera’s leading position in the discovery of antibodies against difficult membrane protein targets, and the versatility of its platform to isolate naturally-produced antibodies from alternative species. In addition to research payments, under the agreement AbCellera is eligible to receive milestone payments of up to $72 million on up to four approved products, as well as low- to mid-single-digit royalty payments on net product sales. Further terms of the agreement are not disclosed.