Ginkgo Bioworks (DNA)
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ProteoNic Announces Partnership with Ginkgo Bioworks and Joins the Ginkgo Technology Network
Prnewswire· 2024-03-13 09:04
LEIDEN, Netherlands , March 13, 2024 /PRNewswire/ -- ProteoNic Biosciences, a leading provider of premium vector technology and services for the production of biologics, today announced a partnership with Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity. This strategic alliance will grant Ginkgo Bioworks' customers access to ProteoNic's state of the art vector technology in the field of protein production as well as to novel viral vector technology for ...
CDC Traveler-based Genomic Surveillance Program to Expand to Two New US International Airports in Miami and Chicago
Prnewswire· 2024-03-12 11:01
The TGS program, a leading example of biosecurity infrastructure, operates at a total of nine US locations and leverages voluntary nasal swabs as well as wastewater sampling from international travelers to detect more than 30 pathogens. BOSTON, March 12, 2024 /PRNewswire/ -- Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, the Centers for Disease Control and Prevention (CDC), and XpresCheck, by XWELL, Inc. (Nasdaq: XWEL), a leader in the delivery of o ...
Is Ginkgo Bioworks Destined to Be in a "Magnificent Seven" of Healthcare Stocks?
The Motley Fool· 2024-03-03 17:45
Could Ginkgo Bioworks Holdings (DNA -15.13%) one day be part of the healthcare sector's version of the "Magnificent Seven" group of high-performing stocks? It's more likely than you think. The Boston-based biofoundry has large aspirations to disrupt the way new drugs are developed -- and there's reason to believe that over time it could succeed in a big way. Consider the following.The argument for "magnificent" statusPerhaps the most illustrious of the current Magnificent Seven stocks (which all focus on te ...
Why Ginkgo Bioworks Stock Is Sinking Today
The Motley Fool· 2024-03-01 17:21
Shares of Ginkgo Bioworks (DNA -10.53%) were sinking 9.5% lower as of 11:34 a.m. ET on Friday. The sell-off came after the biotechnology company announced its fourth-quarter and full-year 2023 results following the market close on Thursday.Ginkgo reported Q4 revenue of $34.8 million, down 65% year over year. This result was well below the Wall Street consensus estimate of $42.5 million.The company posted a fourth-quarter net loss of $211.7 million, or $0.11 per share. The average analyst estimate was for a ...
Ginkgo Bioworks (DNA) - 2023 Q4 - Earnings Call Transcript
2024-03-01 02:35
And you can see within a year of the acquisition, we had installed the technology at our site in Boston. This is one of the things weÂ're so excited about, because they had this automation software team that had been supporting ZymergenÂ's efforts, and so they could drop right in. And since then, weÂ've actually evolved. We call these racks reconfigurable automation carts. And so without nerding out too much, whatÂ's exciting about this is we can easily plug-in new equipment into a big centralized automated ...
Ginkgo Bioworks Holdings, Inc. (DNA) Reports Q4 Loss, Misses Revenue Estimates
Zacks Investment Research· 2024-03-01 00:21
Ginkgo Bioworks Holdings, Inc. (DNA) came out with a quarterly loss of $0.09 per share in line with the Zacks Consensus Estimate. This compares to loss of $0.04 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this company would post a loss of $0.09 per share when it actually produced a loss of $0.09, delivering no surprise.Over the last four quarters, the company has surpassed consensus EPS estimates just once.Ginkgo Bioworks Holdings, Inc., which ...
Ginkgo Bioworks Reports Fourth Quarter and Full Year 2023 Financial Results
Prnewswire· 2024-02-29 22:01
$251 million of Total revenue in 2023 $139 million in Cell Engineering services revenue, representing 31% growth over 2022 78 new Cell Programs added in 2023, representing 32% growth over 2022 and continued penetration in biopharma Year-end cash balance of nearly $950 million provides meaningful multi-year runway as we drive towards profitability and begin recognizing benefits from improved platform efficiency BOSTON, Feb. 29, 2024 /PRNewswire/ -- Ginkgo Bioworks Holdings, Inc. (NYSE: DNA, "Ginkgo"), which ...
Ginkgo Bioworks (DNA) - 2023 Q4 - Annual Report
2024-02-28 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ______________________________________________ FORM 10-K ______________________________________________ (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE TRANSITION PERIOD FROM TO Commission File Number 001-40097 _________________________________ ...
bit.bio Announced as Inaugural Partner of Ginkgo Bioworks' New Technology Network
Businesswire· 2024-02-28 12:12
CAMBRIDGE, England & BOSTON--(BUSINESS WIRE)--bit.bio, the company coding human cells for novel cures, and Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, today announced bit.bio as an inaugural partner of the Ginkgo Technology Network. The Network, launched today, is a groundbreaking ecosystem of cutting edge technology partners, committed to collaborating with Ginkgo to provide new, integrated capabilities to drive success in customer R&D programs. ...
Ginkgo Bioworks Provides Compensation Information Related to Recent Acquisitions
Prnewswire· 2024-02-28 12:03
BOSTON, Feb. 28, 2024 /PRNewswire/ -- Today, Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, announced that in connection to its transaction with Patch Biosciences, Inc. ("Patch Bio") on February 26, 2024, Ginkgo approved grants of restricted stock units with an aggregate grant date fair value of $4,292,000 to eight Patch Bio employees, and in connection with its acquisition of Reverie Labs, Inc. ("Reverie") on February 23, 2024, Ginkgo approved gra ...