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Twist Bioscience Spins Out DNA Data Storage as Independent Company

1. Twist Bioscience spun out Atlas Data Storage for DNA technology applications.

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FAQ

Why Bullish?

The spinout can unlock value for TWST and increase investor interest, similar to other successful tech spinoffs.

How important is it?

The spinout indicates strategic growth, which can lead to higher valuations and market positioning for TWST.

Why Long Term?

Focusing on specialized applications may yield significant revenue streams and growth over time.

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SOUTH SAN FRANCISCO, Calif.--(BUSINESS WIRE)--Twist Bioscience Corporation (NASDAQ: TWST), a core mid-cap growth and value equity company in the life sciences segment of the health care sector, today announced that the company has spun out its DNA data storage technology application as an independent company, named Atlas Data Storage (“Atlas”). “There are many applications of synthetic DNA with the potential to have an incredible impact on the world. With this spin out, both Twist and Atlas are.

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