Synthetic Biology (“SynBio”) is a high-growth vertical with the potential to unlock value across multiple industries. There are 4 platform types — tools 2.0, R&D engines with product development (lab-to-market), R&D engines that produce products (sharing economy), and products. SynBio products are entering many other verticals; a horizontal effect. We expect an acceleration of commercial successes and market penetration, especially as tools 3.0 plug in.