Licensing agreement with Twist Bioscience

Summary by AI BETAClose X

Aptamer Group plc has entered into a non-exclusive licensing agreement with Twist Bioscience, granting them rights to use a proprietary enzyme-modulating Optimer® binder in next-generation sequencing and hot-start PCR products. This partnership allows Aptamer to leverage its intellectual property within the rapidly expanding NGS market, projected to reach $23.6 billion by 2029. Aptamer will supply the Optimer® binder to Twist Bioscience, aiming to generate revenue through upfront payments and ongoing royalties, thereby establishing a licensing-led revenue model and participating directly in the commercial success of products incorporating its technology.

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