Absci Corporation is a data-first generative artificial intelligence (AI) drug creation company. The Company combines AI with scalable wet lab technologies to create biologics for patients. The Company’s Integrated Drug Creation platform unlocks the potential to accelerate time to clinic and increase the probability of success by simultaneously optimizing multiple drug characteristics important to both development and therapeutic benefit. With the data to train, the AI to create, and the wet lab to validate, its Integrated Drug Creation platform aims to engineer biologics. It is developing a diversified portfolio of programs with a focus on cytokine biology. It has three wholly owned internal pipeline programs focusing on cytokine biology, as well as several other undisclosed pipeline programs under evaluation. Its wholly owned pipeline programs include ABS-101, ABS-201, and ABS-301. The Company’s other pipeline programs include ABS-501 and additional drug creation programs.
Growing
The company is in a growing phase, with the latest annual income totaling USD 4.53M.
Fairly Valued
The company’s latest PE is -3.52, at a medium 3-year percentile range.
Institutional Selling
The latest institutional holdings are 90.67M shares, decreasing 4.16% quarter-over-quarter.
Held by Catherine Wood
Star Investor Catherine Wood holds 10.05M shares of this stock.
Lower Market Activity
The company has less investor interest, with a 20-day turnover ratio of 0.61.