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Protein engineering

Protein design now covers open atom-level tools and drug candidates in trials. RFdiffusion3 widens what researchers can design. Generate lists its engineered antibody GB-0895 in Phase 3 asthma studies. Good computational performance does not show that a drug works, and GB-0895 is still investigational.

high conviction growth

Research snapshot · updated Nov 12, 2026

Core thesis

Protein engineering now includes designing new proteins from scratch as well as predicting the shape of existing ones. The 2024 Nobel Prize in Chemistry recognised both: half went to David Baker for computational protein design, and half jointly to Demis Hassabis and John Jumper for protein structure prediction. Uses include new enzymes for manufacturing, protein medicines, biosensors and materials. The same tools could in principle be used to design harmful proteins. A designed protein still has to prove in clinical trials that it works as a medicine.

State of the art (2026)

Protein engineering in 2026 is defined by three converging fronts. Generation: David Baker’s Institute for Protein Design released RFdiffusion3 in December 2025 – an all-atom diffusion model that designs binders to DNA, ligands and enzyme active sites, alongside EvolutionaryScale’s ESM3 and DeepMind’s AlphaFold 3 for structure and interactions. Clinic: Generate Biomedicines began global Phase 3 trials of GB-0895, an AI-engineered long-acting anti-TSLP antibody for severe asthma, in late 2025 – among the first generative-AI molecules to reach Phase 3. Industry: Isomorphic Labs runs multi-billion-dollar pharma deals, while Codexis, Arzeda and Novonesis push designed enzymes into manufacturing. The open question is whether fully de novo proteins, not just optimised antibodies, deliver clinical efficacy.

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Signal stack

Evidence stacked leading → lagging

8 signals
talent
research
patent
operational
market

Technology-native KPIs

Metrics that predict trajectory, tracked over time

3 tracked
AI-designed protein success rate
De novo protein design cycle time
Enzyme engineering pipeline candidates

Landscape map

Who builds what, and who depends on whom

70 players · 5 layers

Catalyst calendar

Dated events that will move the position

3 ahead

Watchlists

Companies, people and papers, each with a condition for removing it

19 · 3
Companies · 19
People · 3

Decision frameworks

What our view means for your job

Locked
Public Equity
Corporate Leader

Thesis changelog

When our view changed, and why

8 updates

Change our mind

3 disconfirming conditions

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The full signal stack, technology-native KPIs tracked over time, the landscape of who depends on whom, the dated catalyst calendar, decision frameworks for every desk, live watchlists and a record of every time our view on Protein engineering has changed. All of it is in CanaryIQ.