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Codexis, Inc. develops enzyme-based solutions for therapeutics manufacturing, using its CodeEvolver technology to discover and improve high-performance enzymes. Company news commonly covers financial results, guidance, cash-runway commentary, and business updates tied to small molecule pharmaceutical biocatalysis, nucleic acid synthesis, and the ECO Synthesis manufacturing platform for enzymatic RNAi and siRNA production.
Recurring developments include partner and evaluation agreements, technology-transfer activity, quality-system and manufacturing-suite updates, conference data on ECO Synthesis capabilities such as phosphorothioate stereochemistry and ligation efficiency, and portfolio updates for enzymes used in branded pharmaceutical products.
Codexis (Nasdaq: CDXS) announces a partnership with Molecular Assemblies to enhance enzymatic DNA synthesis. Codexis will invest $1 million in Series A preferred stock and gain an expected ownership stake over 10% through performance milestones. This collaboration leverages Codexis' CodeEvolver® technology to improve DNA polymerase enzymes, facilitating cost-effective, high-quality DNA production across industries like pharmaceuticals and synthetic biology. Both companies aim to revolutionize DNA synthesis and enable innovations in biotherapeutics, diagnostics, and data storage solutions.
Codexis, Inc. (Nasdaq: CDXS) welcomed two new independent directors, Alison Moore, Ph.D. and Stephen Dilly, MBBS, Ph.D., during its 2020 Annual Meeting of Stockholders. This addition aims to enhance the company’s focus on biotherapeutics development. Dr. Moore brings extensive experience from Allogene Therapeutics and Amgen, while Dr. Dilly has a robust background in executive management at Sierra Oncology and Aimmune Therapeutics. Additionally, Dr. Patrick Yang was re-elected to the board. These changes align with Codexis's strategy to strengthen its leadership in the biotechnology sector.
Codexis (Nasdaq: CDXS) and Alphazyme have formed a Co-Marketing & Enzyme Supply Collaboration Agreement to produce and market enzymes for life science applications. The agreement will launch three key enzymes in 2020: a high-fidelity DNA polymerase, an evolved T7 RNA polymerase for mRNA therapeutics, and a reverse transcriptase for viral diagnostics. This collaboration aims to accelerate the market introduction of high-performing enzymes to address critical molecular biology challenges, especially in light of the COVID-19 pandemic.
Codexis appoints Stefan Lutz, Ph.D. as Senior Vice President of Research, and Karl A. Schoene, Ph.D. as Senior Vice President of Development & Operations, effective immediately. These new roles are pivotal for the growth of Codexis' Performance Enzymes and Novel Biotherapeutics segments. Lutz brings extensive expertise in protein engineering, while Schoene has a proven track record in commercializing specialty chemical products. Their leadership is expected to enhance Codexis' innovative capabilities and operational efficiency, positioning the company for future expansion.
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