Investment
Features
FeesSafety
Academy
More
Pluang+

Absci raises $100M to advance AI-designed drug ABS-201 for hair loss and endometriosis treatment.

Company Fundamentals
24 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Absci Corporation has priced a $100 million underwritten offering by selling 13.5 million shares at $7.41 each. The funds will support the development of ABS-201, an AI-designed antibody targeting androgenetic alopecia (pattern hair loss) and endometriosis. Major investors include Eli Lilly and several financial institutions. The offering is expected to close around June 25, 2026, and proceeds will also support general corporate purposes. ABS-201 aims to be a breakthrough treatment for hair regrowth and endometriosis, addressing significant unmet medical needs.

More News

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune launches Walmart Connect to automate and unify retail media campaign management.

Shirofune has introduced Walmart Connect, an integration that allows advertisers and agencies to manage Walmart retail media campaigns alongside other digital channels within a single platform. This automation reduces manual bid adjustments and repor...

Market News
Bullish
26 minutes ago
Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore signs LOI to option 100% of Yurchison uranium property in Canada's Athabasca Basin

Purecore Metals Inc. has signed a non-binding letter of intent with Skyharbour Resources to acquire an option to earn up to 100% interest in the Yurchison uranium property in Saskatchewan's Athabasca Basin. The property covers over 35,000 hectares an...

Company Fundamentals
Bullish
26 minutes ago
Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point closes $508.6M HEI securitization, largest ever in home equity investment class

Point completed a $508.6 million rated asset-backed securitization of its Home Equity Investment (HEI) assets, marking the largest transaction ever in the HEI asset class. The deal attracted over 30 institutional investors and priced at significantly...

Company Fundamentals
Bullish
26 minutes ago
Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

Reactive hot melt adhesives market to reach $4.29B by 2035, driven by automotive and furniture demand.

The global reactive hot melt adhesives market is projected to grow from $2.02 billion in 2025 to $4.29 billion by 2035, at a CAGR of 7.72%. Growth is driven by regulations limiting solvent-based adhesives, increased use of polyurethane adhesives in a...

Market News
Bullish
1 hour ago
LithiumBank appoints Logan R. Harris as VP to advance Boardwalk lithium project development.

LithiumBank appoints Logan R. Harris as VP to advance Boardwalk lithium project development.

LithiumBank Resources Corp. has appointed Logan R. Harris as Vice President of Project Development to lead the advancement of its Boardwalk Lithium Brine Project in Alberta. Harris brings over 15 years of experience in engineering and project develop...

Company Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App