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Twist Bioscience Corporation - TWST STOCK NEWS

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.

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Twist Bioscience Corporation (NASDAQ: TWST) has announced the launch of the Twist Alliance Canine Exome Panel, designed for canine genomic research in partnership with the Broad Institute. This panel facilitates next-generation sequencing (NGS) and covers all coding exons of canine genes, including regions relevant to human diseases like cancer. Starting February 2022, the panel aims to enhance comparative studies between human and canine genomics, potentially benefiting both species' health.

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Twist Bioscience Corporation (TWST) and Revelar Biotherapeutics announced that their bispecific antibody, RBT-0813, effectively neutralizes the Delta and Omicron variants of SARS-CoV-2 in live virus studies. This innovative antibody, discovered by Twist Biopharma, is progressing in preclinical development with the aim to submit an Investigational New Drug application (IND) in the first half of 2022. The antibody's efficacy was independently confirmed by a team at Yale School of Medicine.

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Twist Bioscience Corporation (NASDAQ: TWST) announced that CEO Emily M. Leproust, Ph.D., will present at the 40th Annual J.P. Morgan Healthcare Conference on January 10 at 4:30 p.m. ET. The presentation will be available via a live webcast, accessible through the company’s investor relations page. Following the event, a replay will be archived for 30 days.

Twist is a leader in synthetic biology, utilizing a unique silicon-based platform for DNA synthesis, producing various synthetic DNA products for multiple industries, including healthcare, agriculture, and drug development.

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Twist Bioscience Corporation has introduced the Twist 96-Plex Library Prep Kit, designed for next-generation sequencing (NGS), enhancing lab workflows and reducing costs. This innovative kit allows multiplexing of up to 960 samples with reduced hands-on time and reagent usage. The kit has already demonstrated significant results, including identifying genetic associations to canine lung disease, previously missed by microarray technology. Twist aims to optimize genetic research, facilitating advanced studies in genomics and synthetic biology at a lower cost.

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Twist Bioscience (TWST) has announced a strategic collaboration with Sosei Heptares to develop therapeutic antibodies targeting G protein-coupled receptors (GPCRs). This partnership combines Twist's synthetic antibody libraries and bioinformatics with Sosei Heptares' StaR® platform. Sosei Heptares will hold exclusive rights to develop and commercialize identified antibody leads. Twist will receive upfront payments, ongoing R&D costs, and milestone payments, though specific financial terms are not disclosed. This alliance aims to expand opportunities in GPCR-targeted antibody therapeutics, addressing a significant area in drug development.

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Twist Bioscience Corporation (NASDAQ: TWST) announced the availability of synthetic RNA positive controls for the SARS-CoV-2 Omicron variants, aiding in pandemic response. As of December 6, 2021, Omicron has been confirmed in over 50 countries, prompting the need for effective diagnostics and therapeutic development. CEO Emily M. Leproust emphasized the company's commitment to developing tools to combat COVID-19 variants. Twist also offers a suite of next-generation sequencing tools and is working on controls for the BA.2 variant. The company adheres to strict biosecurity protocols for customer purchases.

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Twist Bioscience Corporation (NASDAQ: TWST) has launched the Twist cfDNA Pan-cancer Reference Standards, a revolutionary control for liquid biopsy tests aimed at enhancing cancer detection accuracy. This synthetic DNA product mimics real human-derived cell-free DNA and supports the development of ultra-sensitive ctDNA assays. With over 400 variants, it enables precise detection and tracking in cancer diagnostics. CEO Emily Leproust emphasizes its potential to advance clinical insights in oncology. The innovation follows the success of their SARS-CoV-2 controls.

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Twist Bioscience Corporation (NASDAQ: TWST) announced that Steffen Hellmold will participate in the SRC-SIA Webinar on December 9, 2021, discussing the Decadal Plan for Semiconductors and emerging storage technologies, including DNA Data Storage.

This innovative technology promises over 100,000 times higher storage density compared to traditional methods, aiming to address the growing demand for sustainable and efficient long-term data storage solutions.

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SOUTH SAN FRANCISCO, Calif. – Twist Bioscience Corporation (NASDAQ: TWST) announced that CEO Emily M. Leproust will present at two upcoming virtual investor conferences. The first is the Piper Sandler 33rd Annual Virtual Healthcare Conference on November 29 at 10:00 a.m. ET, followed by the Evercore ISI HealthCONx Conference on November 30 at 10:30 a.m. ET. Investors can access the fireside chats via the company’s Investor Calendar page. Twist is a leader in synthetic biology, specializing in high-quality synthetic DNA for various industries.

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Twist Bioscience reported record revenues for fiscal 2021 at $132.3 million, marking a 47% increase from $90.1 million in fiscal 2020. Growth is attributed to strong performance in SynBio, NGS, and Biopharma sectors. The company expects revenues of $183 million to $193 million for fiscal 2022. Despite the revenue growth, the net loss widened to $152.1 million, or $3.15 per share. The company had $477.9 million in cash as of September 30, 2021, supporting future investments in biopharma and data storage.

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FAQ

What is the current stock price of Twist Bioscience Corporation (TWST)?

The current stock price of Twist Bioscience Corporation (TWST) is $42.23 as of November 22, 2024.

What is the market cap of Twist Bioscience Corporation (TWST)?

The market cap of Twist Bioscience Corporation (TWST) is approximately 2.5B.

What does Twist Bioscience Corporation do?

Twist Bioscience specializes in synthetic DNA production, utilizing a proprietary semiconductor-based platform to create high-quality DNA efficiently.

How does Twist Bioscience's technology differ from traditional methods?

Twist Bioscience uses a 10,000-well silicon platform instead of traditional 96-well plastic plates, offering faster, cost-effective, and high-throughput DNA synthesis.

What are some applications of Twist Bioscience's synthetic DNA?

Applications include personalized medicine, sustainable chemical production, improved agriculture, in vivo diagnostics, biodetection, and data storage.

Where does Twist Bioscience generate most of its revenue?

Twist Bioscience primarily generates its revenue from the United States.

How does Twist Bioscience contribute to personalized medicine?

By providing rapid and high-quality DNA synthesis, Twist Bioscience accelerates the development of personalized medical treatments.

What is the significance of using silicon in DNA synthesis?

Using silicon allows Twist Bioscience to overcome inefficiencies in traditional DNA production, enabling faster and more cost-effective synthesis.

Can Twist Bioscience's technology be used in agriculture?

Yes, the synthetic DNA tools can improve agricultural production by enabling the development of better crops and agricultural methods.

What ongoing projects does Twist Bioscience have?

Twist Bioscience is involved in various projects across personalized medicine, sustainable chemical production, and new applications such as in vivo diagnostics and data storage.

How does Twist Bioscience's platform support researchers?

The platform provides researchers with high-throughput, high-quality synthetic DNA, enabling them to quickly explore and develop new opportunities.

Where can I find more information about Twist Bioscience?

Additional information is available on their official website: www.twistbioscience.com.

Twist Bioscience Corporation

Nasdaq:TWST

TWST Rankings

TWST Stock Data

2.51B
58.13M
1.94%
110.12%
15.4%
Diagnostics & Research
Biological Products, (no Disgnostic Substances)
Link
United States of America
SOUTH SAN FRANCISCO