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Ginkgo Bioworks Awarded Project Agreement through BARDA's BioMaP-Consortium
Prnewswire· 2025-11-03 13:00
Core Insights - Ginkgo Bioworks has been awarded a contract valued at up to $22.2 million by BARDA to develop innovations for the biomanufacturing of monoclonal antibodies (mAbs) aimed at combating filoviruses like Ebola and Sudan viruses [2][4] Group 1: Project Overview - The project aims to produce an anti-filovirus mAbs cocktail, specifically 1C3 and 1C11, which were discovered and developed by Emory University [2] - Ginkgo will lead a consortium that includes Advanced BioScience Laboratories (ABL), Isolere Bio by Donaldson, NeuImmune, Inc., and ProteoNic BV to enhance the entire mAb production process [2][3] Group 2: Importance and Goals - The initiative is crucial for national biosecurity and public health preparedness, emphasizing the need for rapidly scalable and cost-effective mAb manufacturing [3] - The collaboration aims to protect the U.S. population from high-threat pathogens, with a focus on developing effective medical countermeasures against filoviral infections [3] Group 3: Partner Contributions - ABL will provide product production capabilities, aiming to redefine efficacy standards against infectious diseases [3] - Isolere Bio by Donaldson will contribute to bioprocessing solutions that enhance efficiency and reduce costs for essential medicines [3] - NeuImmune will leverage its proprietary geCHO BioDesign platform to advance novel antibodies for treating filoviral infections [3] - ProteoNic will utilize its 2G UNic® vector technology to develop an efficient production process for the mAbs [3] Group 4: Background and Funding - This project builds on Ginkgo Bioworks' history of collaboration with the U.S. government in synthetic biology and biomanufacturing innovation [4] - The funding for this initiative comes from federal sources, specifically the U.S. Department of Health and Human Services and BARDA [4]
Ginkgo Bioworks and Bayer Extend Multi-Year Strategic Partnership to Accelerate Next Generation Biological Solutions for Agriculture
Prnewswire· 2025-10-31 12:00
Core Insights - Ginkgo Bioworks has extended its strategic partnership with Bayer to enhance research and development of biological products for agriculture, building on their collaboration that began in 2017 [1][2] - The partnership focuses on innovative microbial nitrogen fixation, with Bayer retaining commercialization rights for the resulting products as alternatives to synthetic fertilizers [1][2] Company Developments - Ginkgo Bioworks is expanding its agricultural biologicals platform, which includes a dedicated R&D site in West Sacramento, aimed at biological crop protection, nitrogen fixation, and carbon sequestration [2] - The company is committed to developing advanced biological solutions that address diverse market needs across various crops and geographies [3][4] Industry Context - Bayer emphasizes the importance of collaboration with innovators to tackle future agricultural challenges, suggesting that biological solutions can complement traditional chemical methods [3] - Ginkgo Bioworks aims to enhance food production and security globally through its innovative biological tools and partnerships [4]
Ginkgo Bioworks Announces Date of Third Quarter 2025 Results Presentation
Prnewswire· 2025-10-30 20:05
Core Points - Ginkgo Bioworks Holdings, Inc. plans to host a presentation and Q&A session on November 6, 2025, to review its business performance for Q3 2025 [1][2] - The presentation will be accessible via Ginkgo's investor relations website, and a replay will be available afterward [2] - Ginkgo Bioworks focuses on making biology easier to engineer, offering customizable R&D solutions, laboratory automation, and biosecurity technologies [3] Company Overview - Ginkgo Bioworks builds tools for biological engineering, providing R&D packages that include protein engineering and nucleic acid design [3] - The company also offers modular laboratory automation to enhance scientists' productivity [3] - Ginkgo Biosecurity is developing infrastructure to address biological threats globally [3]
Ginkgo Bioworks Holdings, Inc. (DNA) Stock Dips While Market Gains: Key Facts
ZACKS· 2025-10-28 23:16
Core Viewpoint - Ginkgo Bioworks Holdings, Inc. is experiencing a decline in stock performance and is facing significant challenges in its upcoming financial results, with expectations of decreased earnings and revenue compared to the previous year [1][2][3]. Company Performance - The stock closed at $12.74, reflecting a -4.85% change from the previous day, underperforming against the S&P 500's gain of 0.23% [1]. - Over the past month, the stock has increased by 1.21%, which is lower than the Medical sector's gain of 5.57% and the S&P 500's gain of 3.57% [1]. Upcoming Financial Results - The projected EPS for the upcoming release is -$1.24, indicating a 14.81% decline compared to the same quarter last year [2]. - The consensus estimate for quarterly revenue is $39 million, down 56.2% from the year-ago period [2]. Full-Year Estimates - The full-year Zacks Consensus Estimates predict earnings of -$5.27 per share and revenue of $181 million, representing year-over-year changes of +49.13% for earnings and -20.28% for revenue [3]. Analyst Estimates and Market Sentiment - Recent changes to analyst estimates reflect shifting business dynamics, with upward revisions indicating analysts' positive outlook on the company's operations [4]. - The Zacks Rank system, which assesses these estimate changes, currently ranks Ginkgo Bioworks Holdings, Inc. at 3 (Hold) [6]. Industry Context - Ginkgo Bioworks operates within the Medical - Biomedical and Genetics industry, which holds a Zacks Industry Rank of 89, placing it in the top 37% of over 250 industries [7]. - Research indicates that higher-ranked industries tend to outperform lower-ranked ones by a factor of 2 to 1 [7].
Genenta and Anemocyte Announce Strategic Partnership to Advance Off-The-Shelf LVV Plasmid DNA Production
Globenewswire· 2025-10-24 08:00
Core Insights - Genenta Science and ANEMOCYTE have announced a strategic collaboration focusing on off-the-shelf lentiviral vector (LVV) Plasmid DNA technology, expanding their existing partnership in plasmid DNA production [1][3] - The collaboration aims to leverage Genenta's established LVV Plasmid DNA technology, enhancing ANEMOCYTE's offerings to clients by providing high-quality materials from R&D to GMP grade [2][3] - This partnership signifies a commitment to supporting the life science industry with innovative solutions, ensuring clients have access to a reliable platform for advanced therapy programs [3] Company Profiles - Genenta Science is a clinical-stage immuno-oncology company developing a proprietary hematopoietic stem cell therapy for various solid tumor cancers, with its first-in-class product candidate, Temferon™, designed to express immune-therapeutic payloads within the tumor microenvironment [5] - ANEMOCYTE is a Biotech Manufacturing Organization based in Italy, specializing in the development and manufacturing of pDNA and mRNA, with over 25 years of expertise in innovative therapies [4]
Ginkgo Bioworks Holdings, Inc. (DNA) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2025-10-22 23:15
Core Viewpoint - Ginkgo Bioworks Holdings, Inc. is experiencing a decline in stock price and is expected to report significant losses in its upcoming financial results, indicating potential challenges ahead for the company [1][2]. Financial Performance - The company closed at $12.78, reflecting a -2.67% change from the previous day, which is worse than the S&P 500's loss of 0.53% [1]. - Anticipated EPS for the upcoming release is -$1.24, a decrease of 14.81% compared to the same quarter last year [2]. - Projected revenue for the upcoming quarter is $39 million, down 56.2% from the year-ago period [2]. - For the full year, the consensus estimates project an EPS of -$5.27 and revenue of $181 million, showing changes of +49.13% and -20.28% respectively from the previous year [3]. Analyst Estimates - Recent adjustments to analyst estimates for Ginkgo Bioworks may reflect changing business dynamics, with positive revisions indicating analyst optimism [4]. - The Zacks Rank system, which assesses these estimate changes, currently ranks Ginkgo Bioworks at 3 (Hold), with no changes in EPS projections over the past 30 days [6]. Industry Context - Ginkgo Bioworks operates within the Medical - Biomedical and Genetics industry, which has a Zacks Industry Rank of 92, placing it in the top 38% of over 250 industries [7]. - The top 50% rated industries are shown to outperform the bottom half by a factor of 2 to 1, indicating a competitive environment for the company [7].
Clinical Proof-of-Concept Data for DNA-Encoded Monoclonal Antibodies (DMAbs) Published in Nature Medicine
Prnewswire· 2025-10-21 12:05
Core Insights - INOVIO announced results from a Phase 1 trial evaluating DNA-encoded monoclonal antibodies (DMAbs) for COVID-19, published in Nature Medicine, demonstrating the potential of DMAbs as a long-acting alternative to traditional monoclonal antibody delivery [1][2][4] Phase 1 Trial Summary - The trial involved 39 participants, all of whom maintained biologically relevant levels of DMAbs through a 72-week follow-up, confirming the durability of in vivo antibody production [2][4] - DMAbs successfully bound to the SARS-CoV-2 Spike protein and neutralized the SARS-CoV-2 pseudovirus in all tested participants, confirming functional activity [2][7] - No participants developed anti-drug antibodies (ADA), a common issue in other gene-based delivery platforms, and the DMAbs were well tolerated with mild, temporary injection site reactions being the most common side effects [2][4][7] Technology and Methodology - The trial utilized synthetic DNA technology to enable in vivo production of monoclonal antibodies directly from muscle cells, delivered via INOVIO's CELLECTRA 2000 electroporation device [3][5] - The study was an open-label, single-center, dose-escalation trial, with primary endpoints focused on safety and pharmacokinetics [4] Results and Observations - DMAbs were detected in 100% of evaluable participants, with serum concentrations peaking at 1.61 g/mL, and sustained expression was observed throughout the follow-up period [4][7] - The most common side effects were mild, temporary injection site reactions, and there were three serious adverse events (SAEs) reported, all deemed unrelated to the study product [4][7] Company Overview - INOVIO is a biotechnology company focused on developing and commercializing DNA medicines aimed at treating HPV-related diseases, cancer, and infectious diseases [6][8] - The company's DNA medicines platform includes precisely designed DNA plasmids and proprietary delivery devices, optimizing the design and delivery of innovative DNA medicines [5][8]
Ginkgo Bioworks Holdings, Inc. (DNA) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2025-10-09 23:16
Group 1 - Ginkgo Bioworks Holdings, Inc. closed at $15.24, down 5.28% from the previous trading session, which is less than the S&P 500's loss of 0.28% [1] - Prior to the recent trading day, the company's shares had increased by 56.37%, significantly outperforming the Medical sector's gain of 3.31% and the S&P 500's gain of 4.03% [1] Group 2 - The upcoming earnings release is projected to show an EPS of -$1.24, reflecting a 14.81% decrease compared to the same quarter last year, with expected revenue of $39 million, down 56.2% from the prior-year quarter [2] - For the entire fiscal year, the Zacks Consensus Estimates predict an EPS of -$5.27 and revenue of $181 million, indicating changes of +49.13% and -20.28% respectively from the previous year [3] Group 3 - Recent revisions to analyst forecasts for Ginkgo Bioworks are important as they indicate changing near-term business trends, with upward revisions suggesting analysts' positive outlook on the company's operations [4] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), has a history of outperforming, with 1 stocks returning an average annual gain of +25% since 1988; Ginkgo Bioworks currently holds a Zacks Rank of 3 (Hold) [6] Group 4 - The Medical - Biomedical and Genetics industry, part of the Medical sector, has a Zacks Industry Rank of 96, placing it in the top 39% of over 250 industries, indicating strong performance potential [7]
Ginkgo Bioworks Issues Notice of Settlement of Shareholder Derivative Actions
Prnewswire· 2025-08-29 20:05
Core Viewpoint - Ginkgo Bioworks is settling multiple derivative actions with a total payment of $4,125,000 to be made by the Individual Defendants' Insurers, which is intended to benefit the company and its shareholders [5][7][10]. Summary by Sections Settlement Details - The settlement amount of $4,125,000 will be paid to Ginkgo within 30 days after the court enters the judgment [5]. - The settlement includes all fees and expenses of Plaintiffs' Counsel and Service Awards, which will be paid if approved by the court [5][8]. - Ginkgo will terminate a specific contract and implement corporate governance reforms for at least three years as part of the settlement [6]. Court Approval - A settlement hearing is scheduled for December 18, 2025, where the court will determine the fairness and adequacy of the settlement [9][10]. - Current Ginkgo stockholders have the right to appear at the hearing and object to the settlement or fee amounts [11][12]. Governance Reforms - The Board of Ginkgo has committed to adopting and maintaining comprehensive corporate governance and internal control reforms as part of the settlement [6][7]. - The Board believes the settlement confers substantial benefits to Ginkgo and its stockholders [7]. Legal Proceedings - The derivative actions are being settled in both the Northern District of California and Delaware Chancery Court [5][10]. - The settlement is part of a broader effort to address claims asserted in the derivative actions [6].
FDA Grants Breakthrough Device Designation for Haystack MRD Circulating Tumor DNA Test from Quest Diagnostics
Prnewswire· 2025-08-25 12:52
Core Insights - Quest Diagnostics has received Breakthrough Device Designation from the FDA for its Haystack MRD® test, aimed at identifying MRD-positive patients with stage II colorectal cancer post-surgery who may benefit from adjuvant therapy [1][3] - The Haystack MRD test is supported by a growing body of research indicating its effectiveness in detecting residual or recurrent cancer from solid tumors, enhancing both clinical and pharmaceutical applications [2][4] Company Overview - Quest Diagnostics is a leading provider of diagnostic information services, serving one in three adult Americans and half of the physicians and hospitals in the U.S. [6] - The company emphasizes the importance of diagnostic insights derived from laboratory testing to improve health outcomes and empower healthcare decisions [6] Product Details - Haystack MRD is a liquid biopsy test designed to detect low levels of circulating-tumor DNA (ctDNA) in the bloodstream, which can indicate residual, recurrent, or resistant disease in cancer patients [5] - The test has been utilized in multiple clinical trials and is available for clinical use across over 75 top cancer and academic centers [5] Research and Development - The Breakthrough Devices Program aims to expedite the development and approval of medical devices that provide effective treatment or diagnosis for life-threatening conditions, which aligns with the goals of Quest Diagnostics in advancing the Haystack MRD test [3] - A recent survey indicated that 96% of oncologists believe MRD testing can identify cancer recurrence earlier than current methods, highlighting the test's potential impact on clinical practices [4]