Microba Life Sciences and Ginkgo Bioworks Announce Partnership to Discover Novel Live Biotherapeutics
05 April 2022 - 7:00AM
Business Wire
Partnership will leverage Ginkgo’s high
throughput screening capabilities to identify potential therapeutic
candidates for autoimmune diseases in Microba’s extensive strain
bank
Microba Life Sciences (ASX: MAP), a precision microbiome science
company, and Ginkgo Bioworks (NYSE: DNA), the leading horizontal
platform for cell programming, today announced a partnership to
identify single-strain, live bacteria product (LBP) candidates
against autoimmune diseases. The collaboration aims to build on
Microba’s precision approach to LBP development with an in-depth
evaluation of the company’s strains using Ginkgo's high throughput,
automated screening capabilities.
The human gut microbiome is composed of trillions of bacteria
that have an outsized influence on human health and disease. In
recent years, scientists have developed a deeper understanding of
the relationship between specific bacteria residing in the gut and
various health outcomes, leading to a growing interest in using
bacteria for therapeutic applications. As clinical trials using
live biotherapeutics – biological products that contain live
microorganisms applicable to the prevention, treatment, or cure of
a disease – have delivered promising results, there is growing
consensus that live biotherapeutics may represent a major class of
therapeutics in the coming years.
“We believe the human microbiome currently represents a missing
piece in the treatment of major chronic diseases, and as a result a
number of microbiome-based therapeutics are progressing through
clinical development globally,” said Luke Reid, CEO at Microba.
“Ginkgo’s high throughput screening automation combined with our
novel data-driven approach to therapeutic discovery from the
microbiome can potentially accelerate development of breakthrough
new drugs for autoimmune diseases.”
Through this partnership, Ginkgo will provide high-throughput
screening for Microba’s proprietary library of human
microbiome-isolated strains, with the goal of improving treatment
for autoimmune diseases such as lupus, psoriatic arthritis and
certain autoimmune liver diseases. Microba plans to leverage
Ginkgo’s high-throughput anaerobic culturing, multi-omics data
collection and analysis, functional bioassay screening, and media
and fermentation optimization capabilities to generate data sets
that may help characterize potential therapeutic and
non-therapeutic uses of the strains. The initial partnership
combining Microba’s biobank and Ginkgo’s anaerobic development
capabilities is expected to run approximately two years.
“Microba is doing truly innovative work during an exciting time
for the field of microbiome science," said Jennifer Wipf, Senior
Vice President, Commercial Cell Engineering of Ginkgo. “We’re happy
to welcome new partners like Microba as we apply our platform to
more applications in the living therapeutics and microbiome
space.”
Microba Life Sciences plans to launch its Initial Public
Offering (IPO) on the Australian Securities Exchange (ASX) on April
5. In connection with the partnership, Ginkgo is investing $3.5
million USD in Microba. The IPO was fully underwritten by Canaccord
Genuity and Bell Potter.
About Microba Life Sciences
Microba Life Sciences is a precision microbiome company driving
the discovery and development of novel therapeutics for major
chronic diseases to improve human health. With world-leading
technology for measuring the human gut microbiome, Microba employs
a human-first data-driven approach to identify therapeutic leads
which are naturally derived from a healthy human gut. Leveraging a
globally unique, proprietary databank, Microba has established a
unique, repeatable Therapeutic Platform to address large unmet
clinical needs for chronic diseases with microbiome-based
treatments. For more information, visit www.microba.com.
About Ginkgo Bioworks
Ginkgo is building a platform to enable customers to program
cells as easily as we can program computers. The company's platform
is enabling biotechnology applications across diverse markets, from
food and agriculture to industrial chemicals to pharmaceuticals.
Ginkgo has also actively supported a number of COVID-19 response
efforts, including K-12 pooled testing, vaccine manufacturing
optimization and therapeutics discovery. For more information,
visit www.ginkgobioworks.com.
Forward-Looking Statements of Ginkgo Bioworks
This press release contains certain forward-looking statements
within the meaning of the federal securities laws, including
statements regarding the potential success of the partnership and
Ginkgo's cell programming platform. These forward-looking
statements generally are identified by the words "believe,"
"project," "potential," "expect," "anticipate," "estimate,"
"intend," "strategy," "future," "opportunity," "plan," "may,"
"should," "will," "would," "will be," "will continue," "will likely
result," and similar expressions. Forward-looking statements are
predictions, projections and other statements about future events
that are based on current expectations and assumptions and, as a
result, are subject to risks and uncertainties. Many factors could
cause actual future events to differ materially from the
forward-looking statements in this document, including but not
limited to: (i) the effect of the business combination with Soaring
Eagle Acquisition Corp. ("Soaring Eagle") on Ginkgo's business
relationships, performance, and business generally, (ii) risks that
the business combination disrupts current plans of Ginkgo and
potential difficulties in Ginkgo's employee retention, (iii) the
outcome of any legal proceedings that may be instituted against
Ginkgo related to its business combination with Soaring Eagle, (iv)
volatility in the price of Ginkgo's securities now that it is a
public company due to a variety of factors, including changes in
the competitive and highly regulated industries in which Ginkgo
plans to operate, variations in performance across competitors,
changes in laws and regulations affecting Ginkgo's business and
changes in the combined capital structure, (v) the ability to
implement business plans, forecasts, and other expectations after
the completion of the business combination, and identify and
realize additional opportunities, and (vi) the risk of downturns in
demand for products using synthetic biology. The foregoing list of
factors is not exhaustive. You should carefully consider the
foregoing factors and the other risks and uncertainties described
in the "Risk Factors" section of Ginkgo's annual report on Form
10-K filed with the U.S. Securities and Exchange Commission (the
"SEC") on March 28, 2021 and other documents filed by Ginkgo from
time to time with the SEC. These filings identify and address other
important risks and uncertainties that could cause actual events
and results to differ materially from those contained in the
forward-looking statements. Forward-looking statements speak only
as of the date they are made. Readers are cautioned not to put
undue reliance on forward-looking statements, and Ginkgo assumes no
obligation and does not intend to update or revise these
forward-looking statements, whether as a result of new information,
future events, or otherwise. Ginkgo does not give any assurance
that it will achieve its expectations.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220403005070/en/
GINKGO BIOWORKS INVESTOR CONTACT:
investors@ginkgobioworks.com
GINKGO BIOWORKS MEDIA CONTACT:
press@ginkgobioworks.com
MICROBA LIFE SCIENCES INVESTOR CONTACT
investor@microba.com
MICROBA LIFE SCIENCES MEDIA CONTACT Simon Hinsley
media@microba.com
Microba Life Sciences (ASX:MAP)
Historical Stock Chart
From Oct 2024 to Nov 2024
Microba Life Sciences (ASX:MAP)
Historical Stock Chart
From Nov 2023 to Nov 2024