Ginkgo Bioworks Holdings, Inc. (NASDAQ:DNA) shares are volatile Thursday. The company announced the acquisition of AgBiome’s platform assets and the expansion of its strategic partnership with Novo Nordisk A/S (NYSE:NVO).
The Details:
Ginkgo Bioworks said the assets acquired from AgBiome include over 115,000 sequenced and isolated strains, over 500 million unique gene sequences, and relevant functional data and metadata.
“We are so excited to bring AgBiome’s incredible strain and metagenomic collection into Ginkgo. This is a world class asset that will significantly expand our capabilities and can directly benefit Ginkgo’s customers in the ag biologicals space. In addition to the platform assets and capabilities, the product concepts pipeline that has been validated by AgBiome to date ...