Twist Bioscience

Twist Bioscience

Produces synthetic DNA for biotechnology applications

About

Twist Bioscience specializes in the synthesis of synthetic DNA, which is essential for various applications in biotechnology, pharmaceuticals, and research. Their proprietary platform allows for the rapid and accurate production of DNA sequences, providing clients with instant feedback on the synthesizability of their desired sequences. Twist offers a variety of products, including genes, oligo pools, variant libraries, and tools for SARS-CoV-2, as well as DNA data storage and next-generation sequencing services. What sets Twist apart from competitors is their ability to deliver high-quality DNA sequences at competitive prices and their capacity to handle complex DNA sequences that are challenging to synthesize. The company's goal is to support advancements in personalized medicine and genetic research by providing accessible and reliable synthetic DNA solutions.

Company Stage

IPO

Employees

1,001-5,000

Industries

Biotechnology, Healthcare

Total Funding

$236.5M

Headquarters

South San Francisco, California

Founded

2013


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Simplify's Take

What believers are saying

  • Growing demand for synthetic DNA in personalized medicine boosts Twist's market potential.
  • Collaboration with Absci leverages AI to accelerate antibody discovery and drug development.
  • Synthetic biology market projected to grow at 28.8% CAGR, benefiting Twist's growth.

What critics are saying

  • Increased competition from Ginkgo Bioworks may impact Twist's market share.
  • Dependency on AI technologies could pose integration and operational challenges.
  • New CIO appointment may lead to transitional challenges in IT strategy and operations.

What makes Twist Bioscience unique

  • Twist Bioscience uses a unique silicon-based DNA synthesis platform for precision and scale.
  • They offer high-quality DNA sequences at competitive prices, attracting diverse clients.
  • Their proprietary platform provides instant feedback on DNA sequence synthesis feasibility.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Disability Insurance

Life Insurance

401(k) Retirement Plan

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