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ABSI Absci Corporation.
Trading 11-22 15:17:43 EST
2.56
+0.01
+0.22%
High2.64
Low2.52
Vol797.29K
Open2.58
D1 Closing2.55
Amplitude4.71%
Mkt Cap293.51M
Tradable Cap220.45M
Total Shares114.86M
T/O2.05M
T/O Rate0.92%
Tradable Shares86.26M
P/B--
ROE--
EPS0.00
52wk High--
52wk Low--
P/E--
Dividend--
Div.Yield--
ROA--
Absci Corporation: Struggling To Live Up To Its AI Promise
Absci Corporation operates as a data-first generative artificial intelligence (AI) drug creation company in the United States. The company combines AI with scalable wet lab technologies to create biologics for patients. Its integrated drug creation platform is designed to improve upon traditional biologic drug discovery by using AI to simultaneously optimize multiple drug characteristics that may be important to development and therapeutic benefit. It has a collaboration with Memorial Sloan Kettering Cancer Center to discover novel therapeutics using generative AI; with AstraZeneca PLC for AI-driven drug discovery against an oncology target; and with Twist Bioscience Corporation to design a novel therapeutic using generative AI. The company was founded in 2011 and is headquartered in Vancouver, Washington.