Why is OmniAb stock surging today?
Investing.com reports OmniAb’s shares rose 22.5% in pre-open trading to $4.14, above its prior 52-week high of $3.635. The company announced a global collaboration and license with Eli Lilly for an ion channel drug discovery program, with an upfront payment and up to $370M in milestones plus tiered royalties. OmniAb also raised 2026 cash guidance to $49M-$53M from $37M-$41M.




