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St. John’s Cancer Institute Partners with Absci to Expedite Development of Cancer Therapies
Absci’s generative AI and wet lab capabilities combined with St. John’s Cancer Institute’s molecular database of cancer patient specimens will accelerate the
About this update from Absci Corporation
[{"type":"text","content":"Absci’s generative AI and wet lab capabilities combined with St. John’s Cancer Institute’s molecular database of cancer patient specimens will accelerate the development of immunotherapies. VANCOUVER, Wash. and NEW YORK, Feb. 09, 2023 (GLOBE NEWSWIRE) -- Absci Corporation (Nasdaq: ABSI), a generative AI drug creation company, and St. John’s Cancer Institute (SJCI), a pioneer in cancer care, research and innovation, today announced they have entered into a partnership to uncover breakthrough cancer therapies. This partnership will leverage Absci’s Integrated Drug Creation™ platform, which combines cutting-edge generative AI models and proprietary wet-lab technologies and SJCI’s leading cancer biospecimen repository and molecular database to identify at accelerated speeds new therapeutic candidates with the potential for higher probability of clinical success. The combination of knowledge and resources will expand the search and discovery space for novel antibodies, immunomodulatory molecules, and drug targets for a diverse set of solid tumor cancers with an initial focus on urological and gastrointestinal cancers where there is a major need to bring novel treatments to more cancer patients. “St. John’s Cancer Institute has pioneered advances in cancer immunotherapy for decades and built one of the largest cancer tissue specimen biorepositories in the United States,” said Sean McClain, Founder and CEO of Absci. “Currently, it takes about ten years and costs over $1 billion to bring one drug to market for patients. The combination of our generative AI platform and SJCI’s large biorepositories and related molecular analysis database can accelerate the development of better biologics for patients, faster.” Through the partnership, Absci will integrate SJCI’s extensive clinically annotated molecular data assets into Absci’s target discovery platform. The novel targets will be screened and assessed for parameters important to drug development and for functional and mechanistic validation using Absci’s industry-leading AI capabilities, catalyzing and accelerating SJCI’s discovery and development of promising cancer drug targets and therapies. “Our team at SJCI and everyone at Absci is driven by a singular vision of expediting the discovery and development of better novel cancer therapies that are effective for patients,” said Dave Hoon,...