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Absci to Participate in the 44th Annual J.P. Morgan Healthcare Conference
Globenewswire· 2025-12-16 13:00
VANCOUVER, Wash. and NEW YORK, Dec. 16, 2025 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a clinical-stage biopharmaceutical company advancing breakthrough therapeutics with generative AI, today announced the company will be participating in the upcoming 44th Annual J.P. Morgan Healthcare Conference in San Francisco, CA. Absci management is scheduled to present on Wednesday, January 14th at 3:45 p.m. Pacific Time (6:45 p.m. Eastern Time). Interested parties may access a live and archived webcast of ...
Absci to Report Business Updates and Third Quarter 2025 Financial and Operating Results on November 12, 2025
Globenewswire· 2025-10-29 20:05
Core Insights - Absci, a clinical-stage biotech company, is set to report its third quarter 2025 business updates and financial results on November 12, 2025, after market close [1] - A conference call will follow the report, starting at 4:30 p.m. Eastern Time, to discuss business developments and outlook [2] Company Overview - Absci is focused on drug discovery using generative design to create biologics more efficiently [3] - The company utilizes its Integrated Drug Creation™ platform, which combines AI models with a synthetic biology data engine for rapid therapeutic design [3] - Absci's pipeline includes ABS-101, aimed at treating inflammatory bowel disease, and ABS-201, a novel treatment for androgenetic alopecia [3] - The company operates from Vancouver, WA, with additional facilities in New York City and Switzerland [3]
Almirall and Absci Expand AI Drug Creation Collaboration Adding a Second Dermatology Target
GlobeNewswire News Room· 2025-08-07 06:00
Core Insights - Almirall and Absci Corporation are expanding their AI Drug Discovery collaboration to include a second target for dermatological indications, building on the success of their initial collaboration [1][2][4] - The collaboration leverages Absci's Integrated Drug Creation™ platform and Almirall's dermatology expertise to accelerate the development of innovative therapeutics for chronic skin diseases [2][3] - Absci is eligible for up to approximately $650 million in payments across both programs, in addition to royalties on potential product sales [3] Company Overview - Almirall is a global biopharmaceutical company focused on medical dermatology, founded in 1944 and headquartered in Barcelona, with total revenue of €990 million in 2024 and over 2000 employees globally [5][6] - Absci is a clinical-stage biopharmaceutical company that utilizes generative AI for drug discovery, aiming to create better biologics faster [8][9] Collaboration Details - The initial collaboration, announced in November 2023, successfully delivered AI-designed functional antibody leads against a difficult-to-drug target [2][4] - Absci's generative AI platform is combined with wet lab capabilities to design and validate therapeutic candidates, while Almirall leads the preclinical and clinical development [3][4] - The collaboration aims to accelerate innovation in dermatology by utilizing generative AI for new therapeutic approaches [4]
Absci to Report Business Updates and Second Quarter 2025 Financial and Operating Results on August 12, 2025
Globenewswire· 2025-07-30 20:05
Company Overview - Absci Corporation is a clinical-stage biopharmaceutical company focused on advancing drug discovery through generative design, aiming to create better biologics for patients more rapidly [3] - The company utilizes its Integrated Drug Creation™ platform, which combines AI models with a synthetic biology data engine, to innovate therapeutics targeting challenging therapeutic areas [3] Upcoming Financial Results - Absci will report its business updates and financial results for the second quarter of 2025 after market close on August 12, 2025 [1] - A conference call will be held at 4:30 p.m. Eastern Time to discuss these results and the company's outlook, with a live webcast available on its investor relations website [2] Product Pipeline - Absci is developing a pipeline of AI-designed therapeutics, including ABS-101, aimed at treating inflammatory bowel disease (IBD), and ABS-201, which targets hair regrowth for androgenetic alopecia [3] - The company collaborates with leading pharmaceutical, biotech, tech, and academic institutions to enhance its therapeutic innovations [3]
Absci to Report Business Updates and First Quarter 2025 Financial and Operating Results on May 13, 2025
Globenewswire· 2025-04-14 20:05
Company Overview - Absci Corporation is a data-first generative AI drug creation company focused on advancing drug discovery through generative design to create better biologics for patients more quickly [3] - The company utilizes its Integrated Drug Creation™ platform, which combines advanced AI models with a synthetic biology data engine, to rapidly design innovative therapeutics targeting challenging therapeutic areas [3] Upcoming Financial Reporting - Absci will report its business updates and financial results for the first quarter of 2025 after market close on May 13, 2025 [1] - A conference call will be held at 4:30 p.m. Eastern Time to discuss the business developments and financial results, with a live audio webcast available on the company's investor relations website [2] Product Pipeline - Absci is advancing its pipeline of AI-designed therapeutics, including ABS-101, aimed at treating inflammatory bowel disease (IBD), and ABS-201, which targets hair regrowth for androgenetic alopecia [3]
Absci to Report Business Updates and Fourth Quarter and Full Year 2024 Financial and Operating Results on March 18, 2025
Globenewswire· 2025-03-04 21:05
Core Insights - Absci Corporation will report its business updates and financial results for Q4 and full year 2024 on March 18, 2025, after market close [1] - A conference call will be held at 4:30 p.m. Eastern Time to discuss the results and outlook, with a live webcast available on the company's investor relations website [2] Company Overview - Absci is a data-first generative AI drug creation company that integrates AI with scalable wet lab technologies to enhance the development of biologics [3] - The company's Integrated Drug Creation™ platform aims to accelerate the time to clinic and improve the probability of success by optimizing multiple drug characteristics simultaneously [3] - Absci can screen billions of cells weekly, transitioning from AI-designed candidates to wet lab-validated candidates in as little as six weeks [3]
Absci Announces Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
Globenewswire· 2025-03-04 21:00
Core Points - Absci Corporation granted a non-statutory stock option to a newly-hired non-executive employee for 162,800 shares as part of its 2023 Inducement Plan [1][2] - The exercise price of the stock option is set at $3.42 per share, which is the closing price on the grant date [2] - The stock option has a 10-year term and vests over four years, with 25% vesting on the one-year anniversary and the remaining 75% vesting in approximately equal monthly installments over the next three years [2] Company Overview - Absci is a generative AI drug creation company that integrates AI with scalable wet lab technologies to enhance the development of biologics [3] - The company's Integrated Drug Creation™ platform aims to accelerate the time to clinic and improve the probability of success by optimizing multiple drug characteristics simultaneously [3] - Absci can screen billions of cells weekly, transitioning from AI-designed candidates to wet lab-validated candidates in as little as six weeks [3]
Absci to Participate in the KeyBanc Capital Markets Healthcare Forum
Globenewswire· 2025-03-04 13:00
Core Insights - Absci Corporation is a data-first generative AI drug creation company that will participate in the KeyBanc Capital Markets Healthcare Forum [1][2] - The company utilizes its Integrated Drug Creation™ platform to accelerate drug development and increase the probability of success by optimizing multiple drug characteristics [3] - Absci can screen billions of cells weekly, transitioning from AI-designed candidates to wet lab-validated candidates in as little as six weeks [3] Company Overview - Absci combines AI with scalable wet lab technologies to create biologics more efficiently for patients [3] - The company is headquartered in Vancouver, WA, with additional facilities in New York City and Zug, Switzerland [3] - Absci's investor relations website provides access to live and archived webcasts for interested parties [2]