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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) announced the acquisition of Abveris, a private company specializing in in vivo antibody discovery, for up to $190 million. The deal consists of $150 million in common stock and cash at closing, with up to $40 million contingent on Abveris meeting revenue targets. This acquisition aims to enhance Twist's capabilities in antibody design and discovery, integrating various methods including synthetic libraries and AI. A conference call is scheduled for 8:00am ET to discuss further details.

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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.

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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 $100 million in milestone payments and royalties from Revelar. Investment of up to $10 million from Twist is also planned, alongside significant minority ownership in Revelar.

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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.

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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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Twist Bioscience has launched Exome 2.0, boasting the most comprehensive coverage of protein-coding and noncoding regions of the genome. This innovative product enhances sequencing efficiency with lower costs and best-in-class performance, offering improved uniformity and a higher on-target rate. The Exome 2.0 is designed for applications addressing rare diseases and inherited disorders. The release underscores the company's commitment to supporting genomics researchers with customizable and efficient solutions.

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Twist Bioscience has announced a collaboration with the Broad Institute to distribute the Twist Alliance Clinical Research Exome, a next-generation sequencing panel targeting genes related to cancer and inherited diseases. Designed using validated clinical data, this panel enhances sequencing efficiency and supports the Broad's efforts in processing over 250,000 samples. It will be available mid-October, combining various genomic regions to facilitate deeper insights into genetic variants for therapeutic applications.

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Twist Bioscience Corporation (NASDAQ: TWST) has appointed Steffen Hellmold as senior vice president of business development for data storage. This newly created position aims to bolster the company's commercialization efforts in DNA data storage solutions, which are anticipated to be significant in the market. Hellmold, previously of Western Digital, brings extensive experience in storage innovation. CEO Emily M. Leproust emphasized that his appointment will help establish critical relationships and define the commercialization strategy as they advance in this innovative field.

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Twist Bioscience Corporation (TWST) and Centogene N.V. (CNTG) have partnered to develop custom assay kits targeting the diagnosis of rare diseases. This collaboration aims to enhance genetic testing accessibility for patients, ultimately improving understanding and treatment of rare conditions. Although no financial details were disclosed, the partnership seeks to utilize Centogene's extensive Bio/Databank and Twist's DNA synthesis technologies. The initiative is part of Centogene's goal to drive insights and potentially cure up to 100 rare diseases within the next decade.

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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