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Stock impact report

Why Bill Gates is betting on a start-up that prints synthetic DNA [CNBC]

Nutrien Ltd. Common Shares (NTR) 
Last nutrien ltd. common shares earnings: 2/18 05:24 pm Check Earnings Report
US:NYSE Investor Relations: nutrien.com/investors
Company Research Source: CNBC
Ginkgo Bioworks Synthetic biology involves reconfiguring the genome of an organism to get it to do something entirely new. Here, engineered E. coli colonies express GFP (green fluorescent protein), a protein originally found in jellyfish. In 2014, Ginkgo Bioworks entered Y Combinator as the first biotech company ever accepted by the famed accelerator. Four years later the Boston-based synthetic biology start-up, founded by a team of MIT scientists in 2009, has raised $429 million, including from Cascade Investment, the asset management firm of Bill Gates, and is reportedly worth $1 billion. Over the last several years, Ginkgo has developed an automated process for combining genetic parts that has made it the largest designer of printed DNA in the world. That breakthrough has positioned the start-up to change the face of a variety of industries and helped to earn it the No. 21 spot on the 2018 CNBC Disruptor 50 list. Last October, Ginkgo ente Show less Read more
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