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Absci Corp - ABSI STOCK NEWS

Welcome to our dedicated page for Absci news (Ticker: ABSI), a resource for investors and traders seeking the latest updates and insights on Absci stock.

Overview

Absci Corp (ABSI) is a cutting-edge synthetic biology company leveraging generative AI and scalable wet lab technologies to revolutionize the discovery and design of novel biologics. With its Integrated Drug Creation™ platform, Absci seamlessly unifies biological drug discovery and cell line development, enabling the rapid and efficient design of candidate therapeutics.

Core Business and Technological Expertise

At its core, Absci is dedicated to transforming the drug discovery process by combining massive data inputs and advanced AI algorithms with state-of-the-art laboratory validation techniques. This dual approach allows the company to screen billions of cells per week and validate AI-designed antibodies in a matter of weeks. The platform optimizes multiple drug characteristics simultaneously, which is essential for enhancing therapeutic benefit and streamlining the time to clinic.

Collaborative Ecosystem

Absci's robust collaboration model forms a significant part of its strategy. By partnering with leading academic institutions, global pharmaceutical companies, and innovative technology firms, the company enhances the development of novel therapeutic assets in various fields such as oncology, immunology, and even animal health. These partnerships not only bolster its research capabilities but also position Absci as a versatile player in today’s competitive biotech landscape.

Market Position and Competitive Landscape

Operating at the confluence of AI and synthetic biology, Absci stands out for its ability to rapidly generate and validate candidate therapies. Unlike traditional methods that often involve slower, isolated processes, its integrated platform allows for multiple drug attributes to be optimized concurrently. Such innovation is increasingly significant among peers in the biotech sector, where speed and efficiency in research are critical competitive differentiators. The collaborative ventures with renowned entities add layers of validation and authority to its approach, firmly positioning it within a competitive yet ever-evolving market.

Operational Model and Value Proposition

Absci’s operational model is built around a data-first philosophy that harnesses both computational power and reliable lab-based experimentation. This holistic approach reduces the traditional gap between bioinformatics design and biological validation. By embracing generative AI, the company is able to design antibodies de novo and rapidly transition promising candidates from digital models to wet lab proofs-of-concept. The company’s methodology not only accelerates the pipeline but also increases the probability of identifying successful therapeutic candidates.

Key Differentiators

  • Generative AI Drug Creation: Absci’s AI models enable the design of novel biologic therapeutics with unprecedented speed and precision.
  • Integrated Workflow: The simultaneous integration of biologic discovery with cell line development streamlines research and enhances therapeutic potential.
  • Collaborative Partnerships: Strategic alliances with leading pharma companies, research institutes, and technology firms underpin its diverse research pipeline and reinforce its industry credibility.

Industry Relevance

Within the broader synthetic biology and biotechnology sectors, Absci embodies the drive toward data-driven discovery and rapid therapeutic development. The company’s innovative approach eliminates many inefficiencies inherent in conventional drug discovery processes. By employing a technology-forward strategy, Absci creates a scalable model that is not only applicable in human therapeutics but is also expanding into adjacent markets such as veterinary medicine.

Conclusion

In summary, Absci Corp represents a paradigm shift in the biopharmaceutical industry. Its pioneering use of generative AI combined with integrated wet lab validation sets a new standard for drug discovery. The comprehensive approach to optimizing multiple facets of drug development offers investors and industry analysts deep insights into the future of biologic therapeutics, firmly establishing Absci as an innovative force in synthetic biology and AI-enabled drug creation.

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Absci (Nasdaq: ABSI) and PrecisionLife collaborate to develop a joint portfolio of potential therapeutics addressing unmet medical needs. The partnership aims to create a pipeline of novel biotherapeutics for chronic diseases. Absci achieves its 2023 outlook of ten new Active Programs signed for the year through this collaboration.
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Absci Corporation (Nasdaq: ABSI) collaborates with AstraZeneca to develop an AI-designed antibody for oncology. The collaboration combines Absci's generative AI technology with AstraZeneca's expertise, aiming to accelerate the discovery of a potential new cancer treatment candidate. The agreement includes an upfront commitment, R&D funding, milestone payments, and royalties on product sales.
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Absci Corporation (Nasdaq: ABSI) to present at Piper Sandler 35th Annual Healthcare Conference in New York, NY. The company's management will present on November 29th at 10:50 a.m. Eastern Time. Interested parties can access a live and archived webcast on the company’s investor relations website at investors.absci.com.
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Absci Corporation (Nasdaq: ABSI) entered into a partnership with Almirall to rapidly develop novel treatments for dermatological diseases, with a deal value of up to $664M plus royalties. They also unveiled an AI drug creation pipeline of four wholly-owned assets. The company reported financial and operating results for the quarter ended September 30, 2023, highlighting their recent achievements and the value of their AI Integrated Drug Creation™ platform.
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Absci Corporation (Nasdaq: ABSI) and Almirall S.A. (BME: ALM) announced a partnership to develop AI-designed therapeutics for chronic dermatological diseases. Absci's de novo generative AI technology will be used to create and commercialize therapeutic candidates for two dermatological targets, with potential upfront fees, R&D, and post-approval milestone payments of up to $650 million. The collaboration aims to deliver life-changing medicines to patients and represents Almirall's first de novo AI drug collaboration, marking a significant advancement in AI drug creation for dermatology and chronic inflammatory diseases.
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Absci Corporation (Nasdaq: ABSI) will be participating in upcoming investor conferences in New York, NY. They will be hosting 1x1 meetings on November 8th and participating in fireside chats on November 15th and 16th. Interested parties can access webcasts on the company's investor relations website.
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Absci Corporation announces speaker lineup for R&D Day on October 4th, 2023
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Absci Corporation announces its first R&D Day on October 4th, 2023 in New York City.
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Absci Corporation (Nasdaq: ABSI) announces participation in upcoming investor conferences.
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Absci Corporation has entered into a partnership with a Google Ventures-backed biotech company to discover new medicines and a collaboration with Caltech, supported by the Gates Foundation, to develop affordable HIV therapeutic vaccinations. The company reported a revenue of $3.4 million for Q2 2023, compared to $1.0 million in Q2 2022. Net loss for Q2 2023 was $41.7 million. Cash, cash equivalents, and short-term investments as of June 30, 2023, were $124.6 million.
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FAQ

What is the current stock price of Absci (ABSI)?

The current stock price of Absci (ABSI) is $3.12 as of April 15, 2025.

What is the market cap of Absci (ABSI)?

The market cap of Absci (ABSI) is approximately 412.0M.

What is the core business of Absci Corp?

Absci Corp specializes in using generative AI combined with wet lab technologies to design and validate novel biologic therapeutics, streamlining the drug discovery process.

How does Absci integrate AI into its drug discovery process?

The company employs a data-first approach by leveraging advanced AI models to design candidate therapeutics, which are then rapidly validated in the lab using its Integrated Drug Creation™ platform.

What differentiates Absci from traditional drug discovery companies?

Absci’s unique integrated model optimizes multiple drug characteristics simultaneously, dramatically reducing the time from design to wet lab validation, unlike traditional sequential processes.

Who are some of Absci's key collaborators?

Absci collaborates with leading academic institutions, global pharmaceutical companies, and innovative technology partners to boost its research and development efforts across various therapeutic areas.

In which therapeutic areas is Absci active?

The company focuses on several therapeutic areas including oncology, immunology, and even animal health, leveraging its technology to address diverse clinical challenges.

How does the Integrated Drug Creation™ platform benefit drug development?

By unifying biologic drug discovery and cell line development, the platform enables simultaneous optimization of various drug characteristics, accelerating development and increasing the likelihood of success.

What challenges does Absci face in the competitive biopharma landscape?

Like many innovative biotech companies, Absci navigates challenges such as regulatory hurdles, the high complexity of integrating AI with biological processes, and maintaining competitive collaboration partnerships.
Absci Corp

Nasdaq:ABSI

ABSI Rankings

ABSI Stock Data

411.99M
107.84M
15.17%
56.65%
16.6%
Biotechnology
Services-commercial Physical & Biological Research
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United States
VANCOUVER