No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, April 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Absci Corporation (ABSI) Secures $64M Financing to Drive AI Drug Discovery Through 2028

by TheAdviserMagazine
7 months ago
in Business
Reading Time: 2 mins read
A A
Absci Corporation (ABSI) Secures M Financing to Drive AI Drug Discovery Through 2028
Share on FacebookShare on TwitterShare on LInkedIn


In this article, we will be taking a look at the Top 10 AI-Powered Biotech Stocks to Buy Now. Absci Corporation is one of them.

Absci Corporation (NASDAQ:ABSI), founded in 2018 and headquartered in Seattle, is pioneering the integration of deep learning with high-throughput lab automation to design and optimize biologics at scale. Its Integrated Drug Creation (IDC) platform combines proprietary algorithms with protein engineering, enabling rapid development of antibody and enzyme candidates for both pharma partners and its own pipeline. The stock is among the best biotech stocks.

Absci Corporation (NASDAQ:ABSI) recently expanded its partnership with Almirall, a leading dermatology-focused pharmaceutical firm, by launching a second program targeting chronic skin diseases. This builds on the successful delivery of a functional AI-designed antibody, further validating the firm’s technology. To strengthen its dermatology pipeline, Absci also appointed experts Dr. Rodney Sinclair and Dr. David Goldberg to advise on ABS-201, an AI-designed therapy for hair loss disorders such as androgenetic alopecia, which is expected to enter clinical evaluation in early 2026.

On the technology front, the business announced collaborations with Oracle Cloud Infrastructure and AMD to enhance its AI-driven drug discovery capabilities. The AMD partnership includes a strategic investment, giving the company access to advanced chip technology and cloud resources to scale model training and data processing.

Absci Corporation (ABSI) Secures $64M Financing to Drive AI Drug Discovery Through 2028

Financially, Absci Corporation (NASDAQ:ABSI) boosted its balance sheet with $64 million in equity financing during July and August 2025, extending its operational runway through mid-2028. The funding will support the advancement of key pipeline programs, including ABS-101 and ABS-201, while accelerating partnered projects and strengthening the corporation’s AI infrastructure for next-generation drug discovery.

While we acknowledge the potential of ABSI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy NOW 

Disclosure: None.



Source link

Tags: 64MAbsciABSICorporationDiscoveryDrivedrugFinancingsecures
ShareTweetShare
Previous Post

House on Galilee kibbutz sold for NIS 5.05m

Next Post

Evaluating We Have Never Been Woke Part 2: Bootleggers and Baptists

Related Posts

edit post
The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

by TheAdviserMagazine
April 22, 2026
0

The phrase “touch grass” has become the internet’s way of telling someone to log off and rejoin the real world....

edit post
VAST Data confirms b raise at b valuation

VAST Data confirms $1b raise at $30b valuation

by TheAdviserMagazine
April 22, 2026
0

Israeli data storage management solutions company VAST Data today announced the completion of a $1 billion Series F financing...

edit post
Only a handful of traders power India’s F&O volumes, highlights Zerodha’s Nithin Kamath

Only a handful of traders power India’s F&O volumes, highlights Zerodha’s Nithin Kamath

by TheAdviserMagazine
April 22, 2026
0

While market regulator Securities and Exchange Board of India (Sebi) has been taking steps to curb speculative trading in the...

edit post
Wave Life Sciences Ltd. (WVE) Sees Strong Buy Rating From Analysts

Wave Life Sciences Ltd. (WVE) Sees Strong Buy Rating From Analysts

by TheAdviserMagazine
April 22, 2026
0

Wave Life Sciences Ltd. (NASDAQ:WVE) is one of the 10 Best Small-Cap Biotech Stocks According to Hedge Funds. The company’s...

edit post
Stephen and Ayesha Curry are coming for the sports drink market—and their kids were a focus group

Stephen and Ayesha Curry are coming for the sports drink market—and their kids were a focus group

by TheAdviserMagazine
April 22, 2026
0

Stephen and Ayesha Curry are globally famous and could probably get, well, pretty much anyone to pick up the phone....

edit post
ADNIC secures India approval for GIFT City reinsurance branch

ADNIC secures India approval for GIFT City reinsurance branch

by TheAdviserMagazine
April 22, 2026
0

Abu Dhabi National Insurance Company (ADNIC) has obtained regulatory approval to set up a reinsurance branch in GIFT City, with...

Next Post
edit post
Evaluating We Have Never Been Woke Part 2: Bootleggers and Baptists

Evaluating We Have Never Been Woke Part 2: Bootleggers and Baptists

edit post
Ethereum Taker Buy-Sell Ratio Falls Critically Low—What Happened Last Time?

Ethereum Taker Buy-Sell Ratio Falls Critically Low—What Happened Last Time?

  • Trending
  • Comments
  • Latest
edit post
Massachusetts loses billions in income after millionaire tax

Massachusetts loses billions in income after millionaire tax

March 24, 2026
edit post
Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

Illinois’ Paid Leave for All Workers Act Takes Effect — Every Employee Now Gets Guaranteed Time Off

March 27, 2026
edit post
Virginia Permits ADULT MIGRANT MEN To Attend High School

Virginia Permits ADULT MIGRANT MEN To Attend High School

March 30, 2026
edit post
A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

A 58-year-old left NYC for Miami to save on taxes — then retired early thanks to hidden savings. Here’s the math

March 30, 2026
edit post
Tax Flight Accelerates In Massachusetts

Tax Flight Accelerates In Massachusetts

April 6, 2026
edit post
Property Tax Relief & Income Tax Relief

Property Tax Relief & Income Tax Relief

April 1, 2026
edit post
Israel Dominant Issue in Michigan Democratic Senate Primary

Israel Dominant Issue in Michigan Democratic Senate Primary

0
edit post
Bitcoin only 21 days away from real bull market rally? Shorts pile in just as spot demand starts pushing back

Bitcoin only 21 days away from real bull market rally? Shorts pile in just as spot demand starts pushing back

0
edit post
Only a handful of traders power India’s F&O volumes, highlights Zerodha’s Nithin Kamath

Only a handful of traders power India’s F&O volumes, highlights Zerodha’s Nithin Kamath

0
edit post
Oklahoma Tobacco Tax Proposal: Details & Analysis

Oklahoma Tobacco Tax Proposal: Details & Analysis

0
edit post
Michigan Seniors: 400,000 Households Still Haven’t Claimed the ,200 Home Heating Credit — And You Can Still Get It This Spring

Michigan Seniors: 400,000 Households Still Haven’t Claimed the $1,200 Home Heating Credit — And You Can Still Get It This Spring

0
edit post
Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?

Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?

0
edit post
Israel Dominant Issue in Michigan Democratic Senate Primary

Israel Dominant Issue in Michigan Democratic Senate Primary

April 22, 2026
edit post
Bitcoin only 21 days away from real bull market rally? Shorts pile in just as spot demand starts pushing back

Bitcoin only 21 days away from real bull market rally? Shorts pile in just as spot demand starts pushing back

April 22, 2026
edit post
Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?

Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?

April 22, 2026
edit post
Here’s Who Will Get Your Social Security When You Die (If Anyone)

Here’s Who Will Get Your Social Security When You Die (If Anyone)

April 22, 2026
edit post
The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

The internet isn’t just like real life, a top VC says — it is real life. For a16z, that’s not philosophy, it’s an investment

April 22, 2026
edit post
VAST Data confirms b raise at b valuation

VAST Data confirms $1b raise at $30b valuation

April 22, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Israel Dominant Issue in Michigan Democratic Senate Primary
  • Bitcoin only 21 days away from real bull market rally? Shorts pile in just as spot demand starts pushing back
  • Commerzbank – CBK: Legt Unicredit-Chef Andrea Orcel im Übernahmepoker nochmal nach?
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.