Absci

Absci

Biotech company specializing in protein production

About

AbSci improves protein expression and biomanufacturing in the biotech industry with its advanced protein expression platform, which uses a semi-oxidizing cytoplasm and a dual inducible promoter system for precise control over protein production. Its standout product, SoluPure, is a chromatography-free purification method that simplifies and speeds up the protein purification process. AbSci sets itself apart from competitors by offering proprietary technologies that enhance drug discovery and manufacturing, aiming to replace traditional mammalian expression platforms. The company's goal is to streamline the production of biologics, transforming the biopharmaceutical industry.

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

  • Absci's AI platform achieved breakthroughs in de novo antibody design for HIV.
  • Partnerships with MSK and AstraZeneca expand Absci's drug discovery capabilities.
  • Recent $86M stock offering strengthens Absci's financial position for future growth.

What critics are saying

  • Integration issues with Twist Bioscience may delay antibody discovery projects.
  • High expectations from MSK partnership could impact Absci's reputation if unmet.
  • Rapid pipeline expansion may strain resources and lead to inefficiencies.

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 platform integrates drug target identification, candidate discovery, and cell line generation.

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Growth & Insights
Headcount

6 month growth

3%

1 year growth

0%

2 year growth

-8%

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