Movement Alert｜Twist Bioscience Corp Rises 5.17% Overnight, AI Drug Discovery Picks-and-Shovels Thesis Strengthened by Eli Lilly Collaboration

Market Focus09-28 11:05

On September 28, Twist Bioscience Corp rose 5.17% overnight to $192.29 per share, with turnover of $237,000, extending its recent strong momentum.

The move continues to be driven by the company's growing role as a key infrastructure provider in the AI drug discovery ecosystem. On September 16, Twist announced a collaboration with Lilly TuneLab, Eli Lilly's AI/ML drug discovery platform, to provide antibody characterization data services supporting AI-driven drugability prediction validation. Earlier in August, Twist was selected by Anthropic as an independent evaluator for a multi-arm AI protein design project, which triggered a 17% single-day surge. AI drug discovery-related orders have reportedly doubled from $25 million to $50 million, with projections reaching $100 million the following year.

Twist's silicon-based DNA synthesis platform positions it as a critical link in the design-build-test-learn loop for AI-driven drug development. However, the stock trades at an elevated valuation of approximately 22x price-to-sales, and insider filings disclosed on September 25 showed CEO Emily Leproust sold over 5,000 shares across multiple transactions on September 24.

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