Absci

Absci

Biotech solutions for protein expression and purification

About

AbSci focuses on improving protein expression and biomanufacturing in the biotech industry. Its main product is an advanced protein expression platform that uses a semi-oxidizing cytoplasm and a dual inducible promoter system, allowing for better control over protein production rates. This results in higher quality and more efficient drug manufacturing. A key feature of AbSci's offerings is SoluPure, a method that simplifies protein purification without chromatography, speeding up the production process and reducing costs. Unlike traditional methods that rely on mammalian expression systems, AbSci's technology can generate cell lines that produce active proteins in just three months. The company partners with pharmaceutical and biotech firms to provide these solutions, aiming to enhance drug discovery and manufacturing processes. AbSci's goal is to challenge conventional practices in the industry and create effective tools for producing 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

  • Absci's partnerships with AMD and Owkin enhance AI-driven drug discovery capabilities.
  • Generative AI collaborations with MSK and Twist Bioscience accelerate novel therapeutic development.
  • Increased adoption of AI and synthetic biology boosts Absci's innovative drug designs.

What critics are saying

  • Growing competition in AI-driven drug discovery may impact Absci's market share.
  • Dependence on partnerships could pose risks if collaborations don't yield results.
  • Rapid tech advancements could render Absci's current technologies obsolete.

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 high-throughput workflow generates active protein products in just three months.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

0%

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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