By Nicholas G. Miller
Shares of Absci climbed after the drug company said it would begin the next phase of a trial for its treatment of androgenetic alopecia, a common type of hair loss, earlier than previously expected.
The stock rose 17%, to $4.56, and is now up 74% so far this year.
The Vancouver, Wash., company will begin the trial for the treatment, called ABS-201, in early December, and plans to receive an interim efficacy readout in the second half of 2026.
It had previously expected to begin the trial in early 2026.
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
October 15, 2025 13:04 ET (17:04 GMT)
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