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Stock impact report

Ginkgo Bioworks Awarded $9.4 Million in Partnership with Carnegie Mellon University to Develop Implantable Cell-Based Bioelectronic Devices for Disease Treatment Under ARPA-H's REACT Progr...

Ginkgo Bioworks Holdings, Inc. (DNA) 
Company Research Source: Yahoo! Finance
BOSTON Dec. 17, 2024 /PRNewswire/ -- Ginkgo Bioworks (NYSE: DNA), which is building the leading platform for cell programming and biosecurity, today announced a subcontract of up to $9.4 million awarded in partnership with Carnegie Mellon University to develop bioelectronic cell-based devices aimed at diagnosing and treating hormone disorders. This initiative is part of the Advanced Research Projects Agency for Health's (ARPA-H) Resilient Extended Automatic Cell Therapies ( REACT ) program. Ginkgo is eligible to receive up to $9.4 million for its work across the program. (PRNewsfoto/Ginkgo Bioworks) Chronic diseases that require continuous monitoring and treatment, such as thyroid disorders, diabetes, and obesity affect millions globally, presenting a significant public health challenge. Through this collaboration, Ginkgo will leverage its industry-leading capabilities in mammalian cell engineering and induced pluripotent stem cell (iPSC) engineering to create cells that produce Show less Read more
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