Amrit Nagpal
On April 25, 2025, Amrit Nagpal notified Absci Corporation (the “Company”) that he would resign from the Company’s Board of Directors and all committees thereof, effective as of April 25, 2025.
Highest-materiality recent filing
Absci completes all SAD cohorts of ABS-201, initiates MAD; Q1 net loss $29.6M
Successfully dosed all four SAD cohorts of ABS-201 Phase 1/2a; well-tolerated with favorable safety.
Absci reports Q4 net loss $29.6M, advances ABS-201 trial, appoints new CMO
Dosed first three cohorts in SAD portion of Phase 1/2a HEADLINE trial for ABS-201; well-tolerated with favorable emerging safety.
Absci appoints Ransi Somaratne as CMO; Chief Innovation Officer Andreas Busch to retire
Ransi Somaratne, formerly SVP Clinical Development at Vertex, appointed CMO effective March 3, 2026.
Absci Reports Q3 2025 Results, Advances ABS-201 and ABS-101 Programs
Reported interim Phase 1 data for ABS-101 (anti-TL1A) showing extended half-life with no serious adverse events.
Absci Q2 2025 net loss $30.6M; raises $64M in July; Almirall collaboration expands
Q2 2025 revenue $0.6M (down from $1.3M YoY); net loss $30.6M vs $24.8M prior year.
Net loss $30.6M in Q2 2025 (vs $24.8M in Q2 2024); revenue $0.6M (vs $1.3M).
Absci prices $50M public offering of 16.67M shares at $3.00 per share
Offering of 16,670,000 shares at $3.00 per share; gross proceeds ~$50M.
Absci starts Phase 1 dosing for ABS-101; Q1 net loss $26.3M, cash into H1 2027
Initiated dosing in first-in-human Phase 1 study of ABS-101 (anti-TL1A); interim data expected H2 2025.
Absci Q4 revenue $0.7M, net loss $29M; pipeline advances and AMD collaboration
Q4 revenue $0.7M (vs $0.3M YoY); net loss $29.0M vs $23.5M.
Revenue $1.7M (up from $0.7M YoY); net loss $27.4M vs $22.0M; cash $127.1M at Sept 30, 2024.
Absci delivered AI-designed antibody sequences to AstraZeneca, fulfilling first milestone under December 2023 collaboration.
Absci Q2 2024: revenue $1.3M, net loss $24.8M; ABS-101 half-life 2-3x; MSK collab
Q2 revenue $1.3M (down from $3.4M YoY); net loss $24.8M vs $41.7M (incl. $21.3M non-cash impairment in prior year).
Absci reports Q1 net loss $22M, cash $161.5M; advances ABS-101 to IND-enabling studies
Q1 2024 revenue $0.9M (down from $1.3M YoY); net loss $22.0M vs $23.4M prior year.
Absci Q4 net loss $23.5M; initiates IND-enabling for ABS-101; AstraZeneca deal up to $247M
FY23 net loss $110.6M, revenue $5.7M flat YoY; Q4 net loss $23.5M.
On April 25, 2025, Amrit Nagpal notified Absci Corporation (the “Company”) that he would resign from the Company’s Board of Directors and all committees thereof, effective as of April 25, 2025.
Max materiality 0.80 · Median 0.70 · Most common event earnings