No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, July 1, 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
9 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
Global funds revisit Indian stocks as oil, rupee risks recede

Global funds revisit Indian stocks as oil, rupee risks recede

by TheAdviserMagazine
June 30, 2026
0

Global fund managers are reassessing their retreat from Indian equities as a swift drop in oil prices to pre‑Iran war...

edit post
Nike’s earnings exceeded Wall Street’s expectations, but CEO Elliott Hill’s test is the World Cup

Nike’s earnings exceeded Wall Street’s expectations, but CEO Elliott Hill’s test is the World Cup

by TheAdviserMagazine
June 30, 2026
0

When Nike brought Elliott Hill out of retirement almost two years ago to helm the sports conglomerate, it was with...

edit post
US stocks today: S&P 500, Nasdaq post best quarter since 2020 despite Iran war

US stocks today: S&P 500, Nasdaq post best quarter since 2020 despite Iran war

by TheAdviserMagazine
June 30, 2026
0

The S&P 500 and Nasdaq finished out the quarter with their biggest quarterly gains since 2020 as investors remained upbeat...

edit post
When President Trump or another celeb buys a stock, here is the one investing rule to follow

When President Trump or another celeb buys a stock, here is the one investing rule to follow

by TheAdviserMagazine
June 30, 2026
0

When the prez hits the buy button on a stock, it's best to zoom out and keep things in perspective....

edit post
Savings reform hits investment provident funds

Savings reform hits investment provident funds

by TheAdviserMagazine
June 30, 2026
0

Over a year has passed since the release of the interim report of the "Arbitrage Committee", which was set...

edit post
Visa, BNY Mellon, Stripe, others partner for new stablecoin (V:NYSE)

Visa, BNY Mellon, Stripe, others partner for new stablecoin (V:NYSE)

by TheAdviserMagazine
June 30, 2026
0

Jun 30, 2026, 10:50 AM ETVisa Inc. (V) Stock, STRIP Stock, BNY StockGOOG, MA, GOOGL, PYPL, KLAR, COIN, USDT-USD, USDC-USD,...

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
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

New York Seniors: 6 STAR Tax Relief Rules That Could Put a Bigger Check in Your Mailbox

June 20, 2026
edit post
5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

5 Pennsylvania Rebate Rules Seniors Should Check Before the Property Tax/Rent Deadline

June 18, 2026
edit post
Florida Roads Become a Battleground for Illegal Immigration

Florida Roads Become a Battleground for Illegal Immigration

June 9, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

Louisiana’s Age-Tiered Homestead Exemption: 8 Details About the Proposed 2028 Amendment

June 15, 2026
edit post
TPS Migrants Must Legalize or Leave – And Nobody’s Happy

TPS Migrants Must Legalize or Leave – And Nobody’s Happy

0
edit post
Sempra (SRE) Has a Regulated-Utilities and LNG Optionality Story Bigger Than a Bond-Proxy Label

Sempra (SRE) Has a Regulated-Utilities and LNG Optionality Story Bigger Than a Bond-Proxy Label

0
edit post
Migdal buys 20% of Ashtrom rental housing unit

Migdal buys 20% of Ashtrom rental housing unit

0
edit post
Kraken Plugs Institutional Liquidity into Europe’s Banking Rails via Trever Integration

Kraken Plugs Institutional Liquidity into Europe’s Banking Rails via Trever Integration

0
edit post
Dave Says: Contentment, Gratitude and Priorities

Dave Says: Contentment, Gratitude and Priorities

0
edit post
Bitcoin Is Not Freedom: The Delusion of Digital Escape

Bitcoin Is Not Freedom: The Delusion of Digital Escape

0
edit post
Global funds revisit Indian stocks as oil, rupee risks recede

Global funds revisit Indian stocks as oil, rupee risks recede

June 30, 2026
edit post
Millions Drop ACA Coverage Amid Price Jump. Did Fraud Inflate Signups?

Millions Drop ACA Coverage Amid Price Jump. Did Fraud Inflate Signups?

June 30, 2026
edit post
China-linked actors target more than technology as AI competition with U.S. intensifies

China-linked actors target more than technology as AI competition with U.S. intensifies

June 30, 2026
edit post
When Roth conversions make sense — and the smart way to pay the taxes

When Roth conversions make sense — and the smart way to pay the taxes

June 30, 2026
edit post
Ohio Cooling Help Starts July 1: 5 Senior Options

Ohio Cooling Help Starts July 1: 5 Senior Options

June 30, 2026
edit post
Kansas Property Tax Debate Continues: What Was Proposed and What’s Actually Available in 2026

Kansas Property Tax Debate Continues: What Was Proposed and What’s Actually Available in 2026

June 30, 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

  • Global funds revisit Indian stocks as oil, rupee risks recede
  • Millions Drop ACA Coverage Amid Price Jump. Did Fraud Inflate Signups?
  • China-linked actors target more than technology as AI competition with U.S. intensifies
  • 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.