Codex DNA Shares Move Higher On Licensing, Supply Deal With TriLink For mRNA Capping Tech

  • Codex DNA Inc DNAY has announced a licensing and supply agreement with TriLink Biotechnologies, part of Maravai LifeSciences Holdings Inc MRVI for CleanCap technology. 
  • Codex DNA will integrate the mRNA capping technology into its suite of automated mRNA synthesis kits for the BioXp system and within the company's BioFoundry Services offering.
  • Together, the technologies are expected to increase productivity and yields for mRNA synthesis workflows.
  • Customers will now have the option to generate up to 16 biologically active mRNA constructs at a yield of at least 10 micrograms each from fully de novo synthesized and error-corrected genes in a single automated run. 
  • Price Action: DNAY shares are up 10.4% at $17.50, while MRVI shares are down 2.37% at $39.38 during the market session on the last check Wednesday.

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