Company Directory - Absci
Company Details - Absci

Absci
WebsiteAbsci is a biotechnology company that utilizes artificial intelligence to accelerate drug discovery and development.
CCI Score
CCI Score: Absci
11.46
-0.02%
Latest Event
Absci Partners with AstraZeneca for AI-Enabled Oncology Design
Absci has entered a deal with AstraZeneca, valued at up to $247 million, to collaborate on designing an anti-cancer antibody using AI-driven technology. This collaboration reinforces Absci’s role in accelerating innovative drug discovery and development.
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SABOTEUR
Absci is currently rated as a Saboteur.
Latest Events
- DEC042023
Absci has entered a deal with AstraZeneca, valued at up to $247 million, to collaborate on designing an anti-cancer antibody using AI-driven technology. This collaboration reinforces Absci’s role in accelerating innovative drug discovery and development.
+70
Business Practices and Ethical Responsibility
April 11
The deal exemplifies responsible business practices and ethical collaboration with a major pharmaceutical player, demonstrating a commitment to advancing healthcare and drug discovery in a transparent and socially beneficial manner.
AstraZeneca signs $247M AI-enabled oncology antibody design pact
+80
Technology and Services Impact
April 11
Absci’s utilization of AI to design de novo antibodies in collaboration with AstraZeneca highlights a strong commitment to technological innovation in biotech, supporting progressive outcomes in healthcare through advanced scientific methods.
AstraZeneca signs $247M AI-enabled oncology antibody design pact
- AUG312023Absci lays off 15% workforce
-42.46
Vancouver-based biotechnology firm Absci announced in an SEC filing on August 31, 2023, that it would lay off about 15% of its worldwide staff (approximately 30 employees) as part of an organizational realignment affecting both remote and Vancouver-based workers.
-50
Labor Relations and Human Rights Practices
April 11
The decision to lay off 15% of the workforce demonstrates a disregard for worker security and fair labor practices. Such significant cuts, even if purportedly for strategic realignment, negatively impact workers' rights and contribute to a climate of economic precarity, which is problematic from an anti-fascist, pro-worker perspective.
Vancouver biotech firm Absci lays off 15 percent of its worldwide staff
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Industries
- 325414
- Biological Product (except Diagnostic) Manufacturing
- 541511
- Custom Computer Programming Services
- 541715
- Research and Development in the Physical, Engineering, and Life Sciences (except Nanotechnology and Biotechnology)