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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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On January 11, 2021, ScanlanKemperBard (SKB), the General Partner of PW Venture Portland Limited Partnership, announced a significant lease agreement with Twist Bioscience Corporation (NASDAQ: TWST) at ParkWorks Industry Center in Wilsonville, Oregon. Twist has signed a lease for 110,000 square feet, marking the first lease executed since SKB acquired the property in April 2020. The deal is anticipated to enhance interest from life science and tech-manufacturing tenants as SKB implements extensive capital improvements to the facility.

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Twist Bioscience (Nasdaq: TWST) has partnered with the CDC to provide customized SARS-CoV-2 Synthetic RNA Controls for the Flu SC2 Multiplex Assay, which tests for influenza and COVID-19. These positive controls enhance quality assurance for next-generation sequencing and RT-PCR assays. The CDC plans to utilize this assay across U.S. public health laboratories. Twist's CEO emphasized the optimization of these controls for stability at room temperature. This initiative reflects Twist's commitment to advancing public health through innovative solutions in bioscience.

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Twist Bioscience Corporation (NASDAQ: TWST) announced that CEO Emily Leproust, Ph.D., will present at the 39th Annual J.P. Morgan Healthcare Conference on January 11th at 5:20 p.m. ET. The presentation will be available via live webcast on the company's investor relations page. A replay will be archived for 30 days post-event. Twist Bioscience specializes in high-quality synthetic DNA production through a proprietary silicon platform. The company focuses on various applications including synthetic genes, next-generation sequencing tools, and biologics drug discovery.

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Twist Bioscience Corporation (Nasdaq: TWST) announced plans to offer a new synthetic RNA control including the SARS-CoV-2 variant B1.1.7, which is 70% more transmissible according to preliminary UK data. This new synthetic control will support testing protocols affected by the variant's spike protein mutations. The controls are expected to be available by January 15, 2021, enhancing Twist's ongoing efforts in COVID-19 response. This follows the prior release of SARS-CoV-2 RNA controls for testing and development, establishing Twist as a key player in pandemic management.

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Twist Bioscience (NASDAQ: TWST) announced plans to expand its manufacturing capabilities with a new "Factory of the Future" near Portland, Oregon. The 110,000-square-foot facility, expected to be operational in 2022, aims to create up to 400 jobs. CEO Emily M. Leproust emphasized that this facility will enhance production speed and support the growing synthetic biology and biopharma markets, facilitating aggressive growth. This strategic move aligns with Twist's mission to provide high-quality synthetic DNA through its innovative silicon platform.

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Twist Bioscience Corporation (NASDAQ: TWST) has launched its Clonal-Ready Gene Fragments, enhancing its synthetic DNA offerings. This product aims to minimize the time and cost associated with screening for perfect clones, addressing a significant segment of the synthetic biology market. The Gene Fragments, produced via Twist's semiconductor-based platform, boast low error rates, which enhance efficiency for researchers needing smaller DNA amounts. This innovation positions Twist to better serve its customers and expand its market reach.

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Twist Bioscience Corporation (NASDAQ: TWST) has successfully closed its public offering of 3,211,362 shares at $110.00 each, generating approximately $323.7 million in net proceeds. The offering included shares sold by both the company and certain selling stockholders. Twist plans to utilize these funds to enhance operational capacity, increase R&D investments, and expand its manufacturing capabilities for its synthetic DNA offerings. Additionally, a portion of the proceeds may be allocated towards acquiring complementary businesses.

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Twist Bioscience Corporation (NASDAQ: TWST) has priced a public offering of 2,802,272 shares of common stock at $110.00 per share, aiming for approximately $300 million in gross proceeds. The offering includes 2,727,272 shares sold by Twist and 75,000 shares from selling stockholders. Expected to close on December 7, 2020, funds will enhance operational capacity, R&D, and IT infrastructure, with potential investments in complementary businesses. The offering is underwritten by J.P. Morgan, Goldman Sachs, Cowen, and Evercore.

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Twist Bioscience Corporation (NASDAQ: TWST) announced its intention to conduct an underwritten public offering of up to $250 million in common stock. Additionally, certain selling stockholders plan to offer 75,000 shares. The offering includes a 30-day option for underwriters to purchase up to $37.5 million more. Twist aims to utilize net proceeds to enhance operational capacity, invest in automation and R&D, and support growth in various sectors, including NGS and DNA data storage.

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Twist Bioscience Corporation (NASDAQ: TWST) announced its participation in two upcoming virtual investor conferences. Emily Leproust, CEO, and Jim Thorburn, CFO, will present at the Piper Sandler 32nd Annual Virtual Healthcare Conference on November 30 at 8:00 a.m. ET, and the Evercore ISI HealthCONx Conference on December 1 at 1:50 p.m. ET. Both presentations can be accessed on the company’s investor relations website, with replays available for 90 days post-event. Twist Bioscience specializes in synthetic DNA products and applications across multiple industries, including healthcare and agriculture.

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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 $41.11 as of November 20, 2024.

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

The market cap of Twist Bioscience Corporation (TWST) is approximately 2.4B.

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

2.41B
58.13M
1.94%
110.12%
15.4%
Diagnostics & Research
Biological Products, (no Disgnostic Substances)
Link
United States of America
SOUTH SAN FRANCISCO