Market Overview

Twist Bioscience Promotes Patrick Weiss to Chief Operating Officer Setting Stage for Future Growth

Share:

-- Bill Banyai, Ph.D., to Lead DNA Data Storage and Technology Development --

Twist Bioscience Corporation (NASDAQ:TWST), a company enabling customers to succeed through its offering of high-quality synthetic DNA using its silicon platform, today announced the promotion of Patrick Weiss to chief operating officer and the appointment of Bill Banyai, Ph.D., as senior vice president of advanced development and general manager of data storage. Both executive appointments support Twist's drive for commercial growth.

"Patrick has built the operational infrastructure at Twist from the beginning, transforming a complex manufacturing process into a robust commercial platform," said Emily M. Leproust, Ph.D., CEO and co-founder of Twist Bioscience. "Patrick's prior experience leading a DNA synthesis company and driving toward profitability will be integral as we manufacture additional products and continue to expand our commercial reach into the future."

Dr. Banyai is a co-founder and director of the company and together with Bill Peck, Ph.D., chief technology officer of Twist Bioscience, developed the silicon-based DNA synthesis platform, including both the software and hardware infrastructure. He led the integration of Genome Compiler, a company Twist acquired in April 2016, and has been responsible for all facilities expansion. He will maintain his board seat.

"Bill has been instrumental in building and operationalizing our silicon-based DNA synthesis platform as well as supporting the growth of the company," continued Dr. Leproust. "We are thrilled to have Bill commit to lead our commercialization efforts in DNA data storage full time, employing his passion to develop practical solutions to complex engineering problems."

About Twist Bioscience Corporation

Twist Bioscience is a leading and rapidly growing synthetic biology company that has developed a disruptive DNA synthesis platform to industrialize the engineering of biology. The core of the platform is a proprietary technology that pioneers a new method of manufacturing synthetic DNA by "writing" DNA on a silicon chip. Twist is leveraging its unique technology to manufacture a broad range of synthetic DNA-based products, including synthetic genes, tools for next-generation sequencing (NGS) preparation, and antibody libraries for drug discovery and development. Twist is also pursuing longer-term opportunities in digital data storage in DNA and biologics drug discovery. Twist makes products for use across many industries including healthcare, industrial chemicals, agriculture and academic research.

Follow us on Twitter | Facebook | LinkedIn | YouTube

View Comments and Join the Discussion!
 
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com