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Ginkgo puts $80 million into Synlogic

June 19, 2019 By Brad Perriello

Gingko puts $80m into Synlogic

Ginkgo Bioworks put $80 million into Synlogic (NSDQ:SYBX) last week in a deal to use its cell programming technology to accelerate development of Synlogic’s synthetic biotic medicine program. Boston-based Gingko acquired some 6.3 million SYBX shares and warrants for another 2.5 million shares at $9 apiece; Synlogic then paid $30.0 million back to Gingko for […]

Filed Under: Featured, Pharmaceuticals, Wall Street Beat Tagged With: Ginkgo Bioworks, synlogic

Synlogic finalizes Mirna Therapeutics merger

August 28, 2017 By Sarah Faulkner

Synlogic

Synlogic said today that it finished its merger with Mirna Therapeutics after the deal won approval from Mirna’s stockholders last week. The merged company, which will trade on the Nasdaq market under the symbol “SYBX”, is slated to advance Synlogic’s Synthetic Biotic medicines. The company’s platform uses synthetic biology to reprogram probiotic bacteria to treat […]

Filed Under: Featured, Mergers & Acquisitions, Pharmaceuticals, Wall Street Beat Tagged With: mirnatherapeutics, synlogic

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