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Stock impact report

Ginkgo Bioworks Announces Acquisition of AgBiome's Platform Assets [Yahoo! Finance]

Ginkgo Bioworks Holdings, Inc. (DNA) 
Company Research Source: Yahoo! Finance
biosecurity, announced the acquisition of AgBiome's platform assets, including over 115,000 fully sequenced and isolated strains, over 500 million unique gene sequences, and relevant functional data and metadata, as well as AgBiome's development pipeline. These assets will be integrated into Ginkgo Ag Biologicals Services , established with the acquisition of a Bayer agricultural biologicals R&D facility in 2022, and will expand Ginkgo's proprietary unified metagenomics database. Combined, this creates one of the deepest and most advanced ag biological discovery and development platforms as well as a rich resource for the development of AI models for biological R&D. Since its founding in 2012, AgBiome has worked to generate an extensive collection of biological products and technologies - from agricultural products, to bioactive ingredients, to gene editing tools - through its Genesis Discovery Platform. AgBiome has successfully commercialized multiple biological products, including Show less Read more
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