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Stock impact report

Evonetix Announces Agreement for Revolutionary Gene Synthesis Platform with Analog Devices [Yahoo! Finance]

Analog Devices, Inc. (ADI) 
Last analog devices, inc. earnings: 2/19 08:00 am Check Earnings Report
US:NASDAQ Investor Relations: investor.analog.com/investor-relations
Company Research Source: Yahoo! Finance
This new technology will improve the quality, speed, and cost of developing synthetic biological solutions such as life-saving vaccines, medicines, treatments, and therapies. CAMBRIDGE, England, December 06, 2023 BUSINESS WIRE )--EVONETIX LTD (‘Evonetix'), the company developing semiconductor scale technology to improve access to gene synthesis, today announces the signing of a joint development agreement and commercial supply agreement with Analog Devices, Inc. (ADI), a global semiconductor leader. This agreement signals the continuation of the long-standing combined work of both companies, bringing efforts to the next stage in producing a new technology benchmark that will help meet the global demand for better gene synthesis. Current gene synthesis approaches can be slow, expensive, and inaccurate, potentially causing a huge bottleneck for innovation. Centralized DNA production services struggle to deliver length, accuracy, and complexity at speed. Evonetix has reimagined gene Show less Read more
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