Insights

Expansion Opportunity Ascend has recently expanded facilities in Florida and added GMP fill/finish capabilities, signaling growing manufacturing capacity and potential demand for additional contract manufacturing services, process optimization, and scale-up collaborations.

M&A Momentum The November 2024 merger with Advanced BioScience Laboratories enhances Ascend’s capabilities and geographic reach in CDMO services; this opens co-development and integration opportunities with complementary platforms for AAV and gene therapy pipelines.

Funding Strength With substantial Series A funding and a multi-year revenue base, Ascend is financially positioned to pursue new client engagements, risk-sharing development deals, and capacity expansion partnerships with biotech firms seeking GMP-grade manufacturing.

Strategic Partnerships Past partnerships and EW Healthcare Partners involvement indicate a receptiveness to collaboration and co-investment models; target pharma and biotech firms seeking US-based gene therapy manufacturing with established clinical-to-commercial pathways.

Tech & Compliance A tech-enabled CDMO profile using tools like NetSuite, Smartsheet, and Power BI suggests efficiency in project management, data transparency, and regulatory compliance; position Ascend for clients needing tight governance, batch traceability, and scalable tech-enabled manufacturing.

Similar companies to Ascend Advanced Therapies

Ascend Advanced Therapies Tech Stack

Ascend Advanced Therapies uses 8 technology products and services including iCIMS, Power BI, WordPress, and more. Explore Ascend Advanced Therapies's tech stack below.

Ascend Advanced Therapies's Email Address Formats

Ascend Advanced Therapies uses at least 5 email formats:
Ascend Advanced Therapies Email FormatsExamplePercentage
First.Last@ascend-adv.comJohn.Doe@ascend-adv.com
100%
First.Last@ascend-gctx.comJohn.Doe@ascend-gctx.com
74%
Last@ascend-gctx.comDoe@ascend-gctx.com
23%
First.MiddleLast@ascend-gctx.comJohn.MichaelDoe@ascend-gctx.com
2%
First.Middle@ascend-gctx.comJohn.Michael@ascend-gctx.com
1%

Frequently Asked Questions

What is Ascend Advanced Therapies's stock symbol?

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Ascend Advanced Therapies is a publicly traded company; the company's stock symbol is ACDI-UN.

What is Ascend Advanced Therapies's official website and social media links?

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Ascend Advanced Therapies's official website is ascend-adv.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Ascend Advanced Therapies generate?

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As of October 2026, Ascend Advanced Therapies's annual revenue is estimated to be $25M - $50M.

What is Ascend Advanced Therapies's SIC code and NAICS code?

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Ascend Advanced Therapies's SIC code is 8731 - Commercial Physical and Biological Research and NAICS code is 541714 - Research and Development in Biotechnology (except Nanobiotechnology).

How many employees does Ascend Advanced Therapies have currently?

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As of October 2026, Ascend Advanced Therapies has approximately 97 employees across 2 continents, including North America and Europe. Key team members include Ceo: A. R., Chief Scientific Officer At Ascend Advanced Therapies: M. H. and Vice President Of Quality: I. M. Explore Ascend Advanced Therapies's employee directory with LeadIQ.

What industry does Ascend Advanced Therapies belong to?

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Ascend Advanced Therapies operates in the Biotechnology Research industry.

What technology does Ascend Advanced Therapies use?

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Ascend Advanced Therapies's tech stack includes iCIMS, Power BI, WordPress, NetSuite, Microsoft Intune, Netlify, Smartsheet and VMware.

What is Ascend Advanced Therapies's email format?

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Ascend Advanced Therapies's email format typically follows the pattern of First.Last@ascend-adv.com. Find more Ascend Advanced Therapies email formats with LeadIQ.

How much funding has Ascend Advanced Therapies raised to date?

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As of October 2026, Ascend Advanced Therapies has raised $131M in funding. The last funding round occurred on Dec 21, 2024 for $131M.

When was Ascend Advanced Therapies founded?

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Ascend Advanced Therapies was founded in 2022.
Ascend Advanced Therapies logo

Ascend Advanced Therapies

Biotechnology ResearchMaryland, United States51-200 Employees

Ascend Advanced Therapies is a biotechnology company that positions itself as a gene-to-GMP partner, bringing deep expertise in advanced therapy development and commercialization. The firm emphasizes collaborative work, supporting programs from bench research through clinical development and beyond to help bring therapies to market.

Based in Rockville, Maryland, the company operates as a mid-sized biotechnology contract development and manufacturing organization serving biotech and biopharma developers seeking end-to-end development and manufacturing support for gene and cell therapies. Recent developments include expansion of facilities in Florida and the addition of GMP capacity in Alachua, reflecting growth in manufacturing capabilities. In late 2024, Ascend merged with Advanced BioScience Laboratories, broadening its clinical AAV manufacturing experience.

Section iconCompany Overview

SIC Code
8731 - Commercial Physical and Biological Research
Stock Symbol
ACDI-UN
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Founded
2022
Employees
51-200

Section iconFunding & Financials

  • $131M

    Ascend Advanced Therapies has raised a total of $131M of funding over 2 rounds. Their latest funding round was raised on Dec 21, 2024 in the amount of $131M.

  • $25M - $50M

    Ascend Advanced Therapies's revenue is estimated to be in the range of $25M - $50M

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