Absci

Absci

Biotech solutions for protein expression and purification

About

AbSci improves protein expression and biomanufacturing in the biotech industry with its advanced platform that uses a semi-oxidizing cytoplasm and a dual inducible promoter system for precise control over protein production. Its standout product, SoluPure, simplifies protein purification without chromatography, speeding up the process and reducing costs. AbSci sets itself apart by offering proprietary technologies that enhance drug discovery and manufacturing, aiming to replace traditional methods with more efficient solutions. The company's goal is to challenge established practices and create tools that improve the production of life-changing biologics.

Company Stage

IPO

Employees

51-200

Industries

Biotechnology, Healthcare

Total Funding

$221.7M

Headquarters

Vancouver, Washington

Founded

2011


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Simplify's Take

What believers are saying

  • Partnership with AMD enhances AI capabilities, boosting drug discovery efficiency.
  • Collaboration with Owkin could lead to first-in-class therapeutics in immuno-oncology.
  • Strategic alliance with MSK accelerates entry into the oncology market with novel therapeutics.

What critics are saying

  • Increased competition from AI-driven drug discovery firms may dilute market share.
  • Dependence on tech partnerships like AMD poses risks if strategic focus shifts.
  • Regulatory challenges could delay market entry for novel therapeutics with nonstandard amino acids.

What makes Absci unique

  • Absci uses AI and synthetic biology for novel protein-based drug discovery.
  • Their SoluPure method simplifies protein purification, reducing production time and costs.
  • Absci's Integrated Drug Creation™ Platform combines target discovery and biomanufacturing in one process.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

1%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Unlimited Paid Time Off

Parental Leave

401(k) Retirement Plan

401(k) Company Match

Company Equity

Employee Stock Purchase Plan

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