What we think about Twist Bioscience
Twist Bioscience in Three Words: Writing the Future
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Background
When I think back to what I learned in high school biology, it was a combination of the basics of how cells worked and what was possible if you were creative and tried to push the limits. We are entering a time when genes can be edited to cure diseases, meat can be grown in a lab, and volumes of information can be stored in DNA. Twist Bioscience helps scientists push those boundaries by synthesizing DNA efficiently, cost-effectively, and with high quality, enabling the seemingly impossible to become a reality.
Twist Bioscience has developed a silicon chip that looks like a standard 96-well plate (where each well represents an individual chemical reaction) but instead enables 1M oligos on the chip, translating to 9,600 genes or up to 10,000x more throughput. The company makes DNA for a variety of uses, from creating primers for Next Generation Sequencing (NGS) to DNA computing.
It now separates its services into four product groups: Synbio, NGS, Biopharma, and Data Storage. It has set itself up to be robust, fast, secure, and easy for customers, who can order their DNA from an ecommerce site. The company is partnering with many of the key players in the life sciences, pharma, and synthetic biology industries and boasts over 314 partners working on 69 active programs and has enjoyed consistent growth in customers, orders, and revenue each year. The company again exceeded its guidance for FY2023 with revenues of $245.1M.
This past year, the company brought its Factory of the Future online and introduced Express (Fast) Genes. These achievements open its ability to introduce new products and gain market share in synthetic biology, NGS, and antibodies. It is also working to launch its first DNA data storage solution later this year with access to its Terabyte Century Archive solution in calendar year 2025.
It has truly been laying the foundation for growth and expansion and now that we are able to experience the benefits of that groundwork, the possibilities that scientists imagine are enabled by Twist Bioscience.
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