Welcome to our dedicated page for Twist Bioscience Corporation news (Ticker: TWST), a resource for investors and traders seeking the latest updates and insights on Twist Bioscience Corporation stock.
Twist Bioscience Corporation, symbol TWST, stands at the forefront of synthetic biology with an innovative approach to DNA synthesis. The company's core expertise lies in developing a proprietary semiconductor-based synthetic DNA manufacturing process. This process utilizes a unique 10,000-well silicon platform, markedly different from the traditional 96-well plastic plates. This advanced platform enables the production of synthetic biology tools, such as oligonucleotides, genes, pathways, chassis, and genomes, in a more efficient, cost-effective, and high-throughput manner.
The implications of Twist Bioscience's technology are profound, offering the potential to revolutionize various fields. By synthesizing DNA on silicon, the company overcomes existing production inefficiencies, ensuring rapid and high-quality DNA synthesis. This capability is crucial for accelerating developments in personalized medicine, sustainable chemical production, agricultural improvements, in vivo diagnostics, biodetection, and even data storage.
Based primarily in the United States, Twist Bioscience derives the majority of its revenue from its home market. The company's strategic partnerships and ongoing projects reflect its commitment to pioneering advancements in synthetic biology. Having positioned itself as a leader in the field, Twist Bioscience continues to support researchers and industries by providing high-quality synthetic DNA rapidly, enabling them to seize emerging opportunities.
For more information, please visit Twist Bioscience.
Twist Bioscience Corporation (NASDAQ: TWST) announced that CEO Emily M. Leproust, Ph.D., and CFO Jim Thorburn will present at two upcoming investor conferences. They will speak at the William Blair Growth Stock Conference on June 9 at 1:20 p.m. CT in Chicago, and at the Goldman Sachs 43rd Annual Global Healthcare Conference on June 14 at 10:40 a.m. PT in Rancho Palos Verdes. Both presentations will be webcast live and available for replay on the company's investor relations website for 30 days.
Twist Bioscience Corporation (NASDAQ: TWST) has launched the Twist Human Methylome Panel, designed to enhance research in cancer metastasis and human development. This innovative panel covers 84.2% of CpG islands and offers significant cost savings compared to traditional methods. The panel allows researchers to identify biologically relevant methylation markers, thereby supporting advanced applications in liquid biopsy technologies. It promises a higher dynamic range for accurate detection of differentially methylated regions, facilitating better diagnostic tests and research assays.
Twist Bioscience Corporation (NASDAQ: TWST) announced that CEO Emily M. Leproust and CFO Jim Thorburn will participate in a fireside chat at the 2022 UBS Global Healthcare Conference on May 23 at 9:15 a.m. ET in New York. The event will be webcast live, accessible via the company’s Investor Calendar. A replay will be available for 30 days after the live event. Twist Bioscience is a leader in synthetic biology, utilizing innovative DNA synthesis technology to produce synthetic DNA for various applications, including healthcare and drug discovery.
BigHat Biosciences has appointed Rob Chess to its board of directors. With extensive experience in biotech leadership, Chess aims to leverage his expertise in drug discovery to enhance BigHat's mission of developing advanced antibody therapies. He is the former CEO of Nektar Therapeutics (NASDAQ:NKTR) and currently serves as Chairman at Twist Biosciences (NASDAQ:TWST). BigHat, founded in 2019 and based in the San Francisco Bay Area, focuses on innovative therapeutic solutions using AI and has raised $25 million to date, establishing key partnerships with leading biopharma.
Twist Bioscience (NASDAQ: TWST), a leader in synthetic DNA technology, announced that Steffen Hellmold will represent the company at the 2022 Materials Research Society (MRS) Spring Meeting in Honolulu, Hawaii, from May 8-13. Hellmold will participate in the '2030 Decadal Plan for Semiconductors Panel Discussion' on May 12. This panel will explore the anticipated demand for silicon-based memory and potential solutions, including DNA data storage. Twist’s innovative platform focuses on synthesizing high-quality DNA products for various sectors including healthcare and drug discovery.
Twist Bioscience Corporation (NASDAQ: TWST) has announced a research collaboration and exclusive option license agreement with Astellas Pharma Inc. to develop proprietary antagonist antibodies targeting a checkpoint inhibitor pathway in the tumor microenvironment. The partnership includes an upfront payment and potential milestone payments for Twist, while Astellas will handle development and commercialization. This agreement marks a significant step for Twist's Biopharma division, validating its capabilities in antibody discovery and optimization.
Twist Bioscience (NASDAQ: TWST) reported record revenues of $48.1 million for 2QFY22, a 54% increase from the previous year. Orders rose 32% to $55.0 million.
Despite a significant net loss of $60.7 million ($1.13 per share), the company maintained a strong cash position of $604.4 million. New partnerships and expanded product offerings, including a four-year agreement with Ginkgo Bioworks worth $58 million, highlight ongoing growth potential in the synthetic biology and data storage sectors.
Twist Bioscience (NASDAQ: TWST) recently announced six poster presentations at the PEGS Summit in Boston from
Twist Bioscience Corporation has launched a new High Throughput Antibody Production platform that streamlines the process of generating purified antibodies from digital DNA sequences. This innovation is designed to alleviate bottlenecks in antibody discovery, enhancing efficiency in therapeutic screening. Customers can order antibody sequences through Twist's platform, which employs bioinformatics to filter viable sequences, allowing for the simultaneous production of thousands of distinct antibodies. Deliveries are typically made within 35 business days.
Twist Bioscience Corporation (NASDAQ: TWST) has joined the Storage Networking Industry Association (SNIA) as a voting member. This involvement aims to enhance data protection technology awareness and explore standards for DNA as a long-term data storage medium. SNIA emphasizes the importance of developing vendor-neutral architectures and standards in the storage industry. Twist engages actively to guide the implementation of these new standards, which can potentially impact data storage methods in various sectors, including healthcare and industrial research.
FAQ
What is the current stock price of Twist Bioscience Corporation (TWST)?
What is the market cap of Twist Bioscience Corporation (TWST)?
What does Twist Bioscience Corporation do?
How does Twist Bioscience's technology differ from traditional methods?
What are some applications of Twist Bioscience's synthetic DNA?
Where does Twist Bioscience generate most of its revenue?
How does Twist Bioscience contribute to personalized medicine?
What is the significance of using silicon in DNA synthesis?
Can Twist Bioscience's technology be used in agriculture?
What ongoing projects does Twist Bioscience have?
How does Twist Bioscience's platform support researchers?
Where can I find more information about Twist Bioscience?
