EVONETIX

Company Snapshot

Founded: 2015
Entity Type: Private
Region: U.K.
Headquarter: Cambridge, U.K.
Key Geographics: U.K.
Corporate Address: 9a Coldham’s Business Park Norman Way Cambridge, CB1 3LH U.K. Tel: +44 -0-1223-930-300 www.evonetix.com

Company Overview

Evonetix, founded in 2015 as a spinout from the University of Cambridge, is developing and commercializing technologies for low-cost, high-fidelity DNA synthesis.

This technology is differentiated from other next-generation synthesis technologies by permitting longer, highly accurate DNA strands for a low cost. The main components of the synthesis technology include the use of silicon arrays; compatibility with both conventional chemicals as well as enzymatic DNA synthesis; and high-fidelity assembly process.

Producing high-quality DNA is important for synthetic biology applications including DNA data storage. In drug development, accurate DNA synthesis helps to understand the precise mechanism of a disease and how a drug interacts with it, by permitting test cells to be precisely modified. Accurate DNA synthesis permits precise cell-based screening assays to be designed for testing responses to drugs.

In October 2022, the company was shortlisted for the MSD Innovation Award at the Scrip Awards 2022 for its novel gene synthesis semiconductor technology that can further drive the rapidly growing field of synthetic biology.

EVONETIX In Reports

DNA Data Storage: Global Markets and Technologies

BCC Research Market Report for DNA Data Storage technologies reach $1.5 bln by 2027 from $105.5 mln in 2022 at CAGR of 69.8% for the period of 2022 to 2027.

Synthetic Biology: Global Markets

BCC Research Market Report for synthetic biology is estimated to increase from $9.5 billion in 2021 to $33.2 billion by 2026, at a compound annual growth rate of 28.4%

DNA Data Storage: Global Markets and Technologies

BCC research global markets report for DNA data storage. market trends, with data from 2019, estimates for 2020, and projections of CAGRs through 2025.

Company's Business Segments

  • Products : mRNA Vaccines, Antibody Engineering, Others
  • Services : Benchtop Gene Synthesis Platform, Others

Applications/End User Industries

  • Healthcare
  • Pharmaceuticals
  • Biotechnology
  • Research and Academics
  • Life Science
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