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Twist Bioscience Corporation (TWST) is a pioneering company in the field of synthetic biology, specializing in the industrial-scale production of synthetic DNA. At the heart of its operations is a proprietary semiconductor-based DNA synthesis platform, which represents a significant advancement over traditional methods. By synthesizing DNA on a 10,000-well silicon platform instead of conventional 96-well plastic plates, Twist Bioscience achieves unprecedented levels of efficiency, scalability, and cost-effectiveness. This innovation enables the production of high-quality synthetic DNA at a faster pace and lower cost, addressing key inefficiencies in the industry.
The company's product offerings include a wide range of synthetic biology tools such as oligonucleotides, genes, pathways, chassis, and genomes. These tools are critical for applications across multiple industries, including pharmaceutical research, personalized medicine, agriculture, sustainable chemical production, and emerging fields like DNA data storage and in vivo diagnostics. Twist Bioscience's platform not only accelerates research and development but also empowers organizations to innovate in areas such as biodetection and bioengineering.
Operating primarily in the United States, Twist Bioscience serves a diverse customer base that includes biotech firms, pharmaceutical companies, academic institutions, and industrial research organizations. Its business model revolves around direct sales of synthetic DNA products and services, catering to the growing demand for advanced biological engineering solutions. By leveraging its cutting-edge technology, the company has established itself as a critical enabler in the synthetic biology ecosystem.
The broader synthetic biology industry is characterized by rapid innovation and significant growth potential, driven by advancements in genomics, bioinformatics, and sustainable technologies. Twist Bioscience's focus on high-throughput, cost-effective DNA synthesis positions it as a key player in this dynamic market. However, the company faces competition from other DNA synthesis providers, necessitating continuous investment in research and development to maintain its technological edge.
What sets Twist Bioscience apart is its commitment to overcoming traditional limitations in DNA synthesis. By utilizing silicon-based manufacturing, the company not only enhances production efficiency but also expands the possibilities for synthetic biology applications. This unique approach underscores its role as a transformative force in the industry, enabling researchers and organizations to unlock new opportunities in science and technology.
In summary, Twist Bioscience combines technological innovation with a deep understanding of synthetic biology to deliver high-quality DNA synthesis solutions. Its proprietary platform and diverse product offerings make it a vital partner for industries seeking to harness the power of engineered biology. As the demand for synthetic DNA continues to grow, Twist Bioscience remains at the forefront of enabling groundbreaking advancements across multiple sectors.
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.
Twist Bioscience Corporation (NASDAQ: TWST) announced that
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.
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.
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.
Twist Bioscience Corporation (NASDAQ: TWST) announced the acquisition of Abveris, a private company specializing in in vivo antibody discovery, for up to
Twist Bioscience Corporation (NASDAQ: TWST) has announced an extension of its partnership with Invetx, focused on developing monoclonal antibodies for animal health. This new phase incorporates next-generation synthetic antibody phage display technology to discover innovative therapeutic candidates for diseases affecting dogs and cats. The collaboration aims to enhance antibody optimization through complementary in vitro capabilities, complementing Invetx’s in vivo platforms. Twist’s extensive synthetic antibody libraries are already in use to identify potential drug candidates for various veterinary applications.
Twist Bioscience Corporation (NASDAQ: TWST) announced the launch of Revelar Biotherapeutics, Inc., an independent biotechnology company focused on developing an antibody that neutralizes all known SARS-CoV-2 variants. Revelar will utilize Twist Biopharma's antibody discovery platform, with potential for licensing up to five additional therapeutics in four years. Twist is set to receive over
Twist Bioscience Corporation (NASDAQ: TWST) announced that CEO Emily M. Leproust will present at the Stifel 2021 Virtual Healthcare Conference on Monday, November 15, at 3:20 p.m. Eastern Time. The presentation will be available for live streaming on the company's investor relations website, with a replay accessible for 30 days post-event. Twist is a leader in synthetic biology, utilizing a proprietary silicon-based DNA synthesis platform to create a wide array of synthetic DNA products for various sectors, including healthcare and agriculture.
Twist Bioscience Corporation (NASDAQ: TWST) will announce its fiscal 2021 fourth quarter and full-year financial results on November 22, 2021, before the market opens. A conference call for analysts and investors will follow at 8:00 a.m. Eastern Time, providing insights into the financial outcomes and business updates. Financial results will be accessible on the company’s website prior to the call. Twist is recognized for its innovative DNA synthesis platform, manufacturing various synthetic DNA-based products for multiple industries including healthcare and agriculture.
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