Ginkgo Bioworks advances collaboration with Merck to improve Biologics manufacturing
Written By : Ruchika Sharma
Medically Reviewed By : Dr. Kamal Kant Kohli
Published On 2024-11-14 07:03 GMT | Update On 2024-11-14 07:03 GMT
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Boston: Ginkgo Bioworks has announced the completion of the first milestone of a previously announced partnership with Merck, known as MSD outside of the United States and Canada, focused on improving biologic manufacturing. As part of this milestone completion, Ginkgo will receive a research milestone payment of $9 million in cash.
The two companies will now move on to the second stage of this partnership, which will be focused on continuing to improve the production process.
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