๐ ๐ฎ๐ป๐ ๐ผ๐ณ ๐๐ผ๐ ๐ฑ๐ผ ๐ป๐ผ๐ ๐ธ๐ป๐ผ๐ ๐๐ต๐ถ๐ ๐ฐ๐ผ๐บ๐ฝ๐ฎ๐ป๐ ๐
This small company in the biotech sector is gaining ground. Itโs still cheap.
Today it announced a collaboration with $ORCL (Oracle Corporation) and $AMD (Advanced Micro Devices Inc) . And last year AMD invested 20 million in this company.
The company is $ABSI (Absci Corp) . Its a data-first generative drug creation company.
Here are some important things to know about Absci:
1. Balance sheet is large, enough to support itself untill half of 2027.
2. Average price target of 8 from analyst
3. Recent offering was at 3.00
Now the chart is in a downtrend, but itโs drug results are promising. Backed by 2 tech giants. I believe this trend will break in time.
If you ask me, this is a great long term hold.
... Show More
Maybe i am crazy but if i have extra money i am adding this every dip ๐... Show More
3 replies
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