Ginkgo Bioworks inks deal on biologic manufacturing with Merck

8 August 2023

Shares of Ginkgo Bioworks (NYSE: DNA) were down more than 9% at $1.96 in pre-market activity this morning, despite the company announcing a potentially lucrative collaboration.

Boston, USA-based Ginkgo, which is building the leading platform for cell programming and biosecurity, late Monday announced a new collaboration with US pharma giant Merck & Co (NYSE: MRK) focused on improving biologic manufacturing.

Ginkgo will apply its expertise and capabilities in cell engineering, ultra-high-throughput multiplexed screening, protein characterization and process optimization to improve production efficiency and increase yields.

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