Twist Bioscience CorpTwist will provide antibody characterization data services and supply wet-lab data, with TuneLab users able to order Twist's antibody services under preferred protocols.
Twist Bioscience Corporation confirmed on September 16 a strategic partnership with Lilly TuneLab, a platform created by Eli Lilly and Company, under which Twist will provide antibody characterization data services. Twist will also supply data to support AbLab, an antibody developability prediction model, along with high-throughput wet-lab data used to train and improve those models. Through the agreement, TuneLab users will be able to order Twist's antibody services using preferred Twist protocols, generating wet-lab data that can support AI-enabled antibody discovery. The companies did not disclose a minimum purchase commitment, contract value, or specific revenue guidance, and the announcement includes no rights to Lilly drug candidates, milestone payments, or royalties, so the near-term financial impact depends on how much TuneLab users ultimately purchase Twist's services. According to Insider Monkey's database, the number of hedge funds holding Twist rose to 42 in the second quarter from 30 in the first quarter, with Ark Investment Management cutting its position by 29% to $468.1 million, Farallon Capital raising its stake by 50% to $219.79 million, and DE Shaw increasing its position by 2,442% to $121.98 million, while short interest fell to 12.07 million shares as of August 31 from 14.08 million as of July 31 but remained elevated at approximately 18.20%.
Twist Bioscience CorpTwist will provide antibody characterization data services and supply wet-lab data, with TuneLab users able to order Twist's antibody services under preferred protocols.
Eli Lilly and CompanyLilly's TuneLab platform gains Twist's antibody characterization data and wet-lab data to train its AbLab AI antibody developability model.
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