Ginkgo Bioworks (DNA) is collaborating with Carnegie Mellon University on an initiative to develop new at-home cancer diagnostics.
The Advanced Research Projects Agency for Health awarded funding for the partnership's Platform Optimizing SynBio for Early Intervention and Detection in Oncology, or Poseidon project, which will be led by Carnegie Mellon's Rebecca Taylor and aims to combine synthetic biology and detection technology into an orally administered pill and urine-based test.
The pill will contain engineered sensors designed to detect cancer-related conditions such as acidity and low oxygen, then release signals that indicate tumor presence and location, Ginkgo said Monday in a statement.
Ginkgo plans to support the program with its cell and enzyme engineering capabilities.
Other participants include researchers from the University of Pittsburgh, the University of Massachusetts Amherst, and KU Leuven, and corporate partners such as Velentium Medical and Platypus Bio.
Ginkgo shares rose 8% in recent Monday trading.
Price: 8.75, Change: +0.65, Percent Change: +7.96
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