Absci To Present Preclinical Data for ABS-101, Anti-TL1A Antibody Development Program, at 42nd Annual J.P. Morgan Healthcare Conference; IND Submission Expected In Q1 2025
Portfolio Pulse from Benzinga Newsdesk
Absci Corporation announced it will present preclinical data for its anti-TL1A antibody development program, ABS-101, at the 42nd Annual J.P. Morgan Healthcare Conference. The company expects to submit an Investigational New Drug (IND) application for ABS-101 in Q1 2025.
January 08, 2024 | 1:24 pm
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Absci Corporation is set to present preclinical data for ABS-101, which could positively influence investor perception ahead of the IND submission expected in Q1 2025.
The announcement of presenting preclinical data at a prestigious conference can be seen as a positive development, indicating progress in Absci's pipeline. The anticipation of an IND submission adds to the positive outlook, potentially leading to an increase in investor confidence and a short-term positive impact on the stock price.
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