With this new space, Ginkgo increases its capacity and capabilities to serve its partners in the spaces of cell and gene therapy, biomanufacturing and general mammalian programming for therapeutic applications and new biopharmaceutical modalities.
Ginkgo's foundry automates and scales the process of organism engineering, allowing engineers to prototype thousands of biological designs. This evolving platform equips companies and labs from startups to large pharmaceutical companies with access to robust technology, without the need to invest in costly lab and R&D infrastructure in-house and aims to drive down the cost per design.
Following our initial efforts in Bioworks4 in 2019, and expansion to our Cambridge facility, Ginkgo has created a strong foundation for culturing, engineering, and interrogating a variety of primary cells and cell lines to support both discovery and manufacturing efforts for cell and gene therapy, RNA therapeutics, and biologics including antibody and enzyme-based therapies,' said Narendra Maheshri, Head of Mammalian Foundry at
Today's launch will provide Ginkgo with the capacity to interface with more strategic partners to advance improved cells into therapeutics or biomanufacturing. In addition to the new foundry space, Ginkgo has also added expertise across its biopharma team, including the appointment of Dr.
Since the opening of Bioworks4 when we formally kicked off our work in the mammalian space, we've experienced significant growth, creating new opportunities for us to advance our capabilities and contribute to our valued pharma partners,' said
The Bioworks7 facility comprises 6,600 square feet of Biosafety Level 2 (BSL-2) lab space at Ginkgo's headquarters in
Bioworks7 and Ginkgo's advancement in the biopharma industry comes on the heels of its announcement of its foundry-enabled methods for large-scale, pooled combinatorial library screening of CAR domains for improved persistence. As its platform evolves to spearhead monumental work in the biopharma space, Ginkgo is equipping companies with the tools they need to innovate and shape therapeutics.
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This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the capabilities and potential success of Bioworks7 and Ginkgo's cell programming platform. These forward-looking statements generally are identified by the words 'believe,' 'can,' 'project,' 'potential,' 'expect,' 'anticipate,' 'estimate,' 'intend,' 'strategy,' 'future,' 'opportunity,' 'plan,' 'may,' 'should,' 'will,' 'would,' 'will be,' 'will continue,' 'will likely result,' and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) volatility in the price of Ginkgo's securities due to a variety of factors, including changes in the competitive and highly regulated industries in which Ginkgo operates and plans to operate, variations in performance across competitors, and changes in laws and regulations affecting Ginkgo's business, (ii) the ability to implement business plans, forecasts, and other expectations, and to identify and realize additional business opportunities, (iii) the risk of downturns in demand for products using synthetic biology, (iv) the unpredictability of the duration of the COVID-19 pandemic and the demand for COVID-19 testing and the commercial viability of our COVID-19 testing business, (v) changes to the biosecurity industry, including due to advancements in technology, emerging competition and evolution in industry demands, standards and regulations, and (vi) our ability to realize the expected benefits of merger and acquisition transactions. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the 'Risk Factors' section of Ginkgo's quarterly report on Form 10-Q filed with the
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