Ginkgo to cut costs as pandemic-related business slows

May 16, 2024  · Ginkgo Bioworks is cutting costs and laying off staff after losing $166 million in the first quarter. Revenue from its disease-monitoring business surged during the COVID-19 …


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Ginkgo To Cut Costs As Pandemic-related Business Slows

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May 16, 2024  · Ginkgo Bioworks is cutting costs and laying off staff after losing $166 million in the first quarter. Revenue from its disease-monitoring business surged during the COVID-19 …

acs.org

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Ginkgo Cuts Costs, Faces Delisting | C&EN Global Enterprise

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May 20, 2024  · Ginkgo Bioworks is cutting costs and laying off staff after losing $166 million in the first quarter. Revenue from its disease-monitoring business surged during the COVID-19 …

acs.org

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Earnings Call: Ginkgo Bioworks Navigates Cost Cuts Amid Revenue …

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Nov 13, 2024  · Ginkgo Bioworks reported a strong cash position of $616 million, with no bank debt. Achieved a $9 million technical milestone with Merck and expanded cell engineering …

investing.com

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U.S. Loans $1.1 Billion To Ginkgo Bioworks For Pandemic Effort

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Nov 25, 2020  · The U.S. government has agreed to loan privately-held biotechnology firm Ginkgo Bioworks $1.1 billion for COVID-19 testing and the production of raw materials for therapies …

reuters.com


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