Welcome to our dedicated page for Dyadic Intl Del news (Ticker: DYAI), a resource for investors and traders seeking the latest updates and insights on Dyadic Intl Del stock.
Dyadic International, Inc. (Nasdaq: DYAI), doing business as Dyadic Applied BioSolutions, regularly issues news on its activities as a global biotechnology company producing precision-engineered, animal-free proteins and enzymes. This news page aggregates press releases and market updates that describe how Dyadic is advancing its microbial C1 and Dapibus™ expression platforms across life sciences, food and nutrition, and bio-industrial markets.
Readers can find announcements about commercial agreements and partnerships, such as collaborations with Proliant Health and Biologicals, Inzymes ApS, Fermbox Bio, BRIG BIO, and Opes Diagnostics. These items often cover milestones in recombinant serum albumin, transferrin, growth factors, non-animal dairy proteins, and industrial enzyme products like EN3ZYME™, as well as details on licensing structures, milestone payments, and revenue-sharing arrangements.
Dyadic’s news flow also includes financial results and corporate developments, including quarterly earnings releases, equity offerings, and updates on its strategic shift from a research-driven organization to a commercially focused biotechnology company. These releases highlight progress in expanding product pipelines, scaling manufacturing, and strengthening liquidity to support commercial growth.
Another recurring theme in DYAI news is technology and platform validation. Articles describe grant-funded programs with organizations such as the Bill & Melinda Gates Foundation and CEPI, peer-reviewed publications demonstrating the capabilities of the C1 platform for vaccine antigens, and the CRISPR/Cas9 license agreement with ERS Genomics that broadens Dyadic’s genetic engineering toolkit.
Investors, analysts, and industry participants can use this page to follow Dyadic’s evolving portfolio of recombinant proteins, its regional expansion efforts, and its responses to Nasdaq listing matters disclosed in SEC filings. Bookmark this section to review the company’s historical and ongoing news as it reports commercial milestones, scientific progress, and capital markets activity.
Dyadic International (NASDAQ: DYAI) advances its COVID-19 vaccine candidate, DYAI-100, towards first-in-human trials. The company reported $22.8 million in cash as of September 30, 2021, down from $29.2 million at year-end 2020. R&D revenue rose to $693,000, while R&D expenses surged to $1.9 million for Q3 2021, driven by the clinical trial costs for DYAI-100. Dyadic has also engaged in new R&D collaborations and enhanced its leadership team with the appointment of Joseph Hazelton as Chief Business Officer. The net loss narrowed to $1.7 million, or $(0.06) per share.
Dyadic International has appointed Joe Hazelton as Chief Business Officer, effective immediately, to enhance global commercialization of its C1-cell protein production platform. This strategic move aims to support new and existing business initiatives, including corporate strategy and licensing. Mr. Hazelton, with over 20 years in the pharmaceutical industry, will lead efforts to maximize the integration of the C1 technology across various sectors, targeting the expanding biologic markets and animal health segments.
Dyadic International will report its Q3 2021 financial results on November 10, 2021. The company focuses on its proprietary C1-cell protein production platform aimed at enhancing biologic vaccine and drug development. This platform is designed to lower production costs and improve performance. Investors can join a conference call at 5:00 PM ET to discuss these results and the company's future outlook. The C1 technology utilizes the fungus Thermothelomyces heterothallica to produce low-cost proteins efficiently.
Dyadic International (NASDAQ:DYAI) has announced its participation in a virtual investor event on September 13, 2021, presenting at 7 AM ET. Mark Emalfarb, the CEO, will discuss the company's proprietary C1-cell protein production platform aimed at enhancing the development and manufacturing of biologic vaccines and therapeutics. This platform promises to accelerate production, reduce costs, and improve performance, addressing the growing demand for biologics. The conference runs until September 15, 2021, with on-demand access available.
Dyadic International announced a binding term sheet with Sorrento Therapeutics to outlicense its C1 protein production platform for developing vaccines and therapeutics targeting coronaviruses, including its lead candidate DYAI-100. The partnership is expected to generate $10 million upfront and potential milestone payments up to $33 million. The company reported a 66.5% revenue increase year over year and held $25.8 million in cash and securities as of June 30, 2021. Dyadic is advancing its COVID-19 vaccine candidate toward Phase 1 trials, benefiting from new collaborations with Syngene International and the Rubic Consortium.
Dyadic International has signed a binding term sheet with Sorrento Therapeutics granting exclusive rights to utilize its C1 technology across multiple regions for developing vaccines, therapeutics, and diagnostics for coronaviruses, including the lead vaccine candidate DYAI-100. The agreement entails a $10 million upfront payment, potential future milestone payments, and ongoing royalties. This partnership aims to enhance Sorrento's COVID-19 programs and address global immunization needs effectively.
Dyadic International, Inc. (NASDAQ: DYAI) announced it will report its financial results for the second quarter of 2021 on August 12, 2021. The company aims to leverage its proprietary C1-cell protein production platform to enhance the development and production of biologic vaccines and drugs. A conference call will occur at 5:00 p.m. ET, providing investors access to discuss the financial results and company updates.
Interested parties can access the live webcast and replay via designated links provided in the announcement.
Dyadic International has signed a COVID-19 vaccine technology transfer and licensing agreement with the Rubic Consortium, aimed at improving vaccine access in underserved African regions. The deal facilitates the development of a C1 manufactured COVID-19 vaccine, with milestones to advance through clinical trials. This collaboration aspires to reduce Africa's reliance on foreign vaccines and enhance local production capabilities. Moreover, it potentially impacts coverage for over 40% of the global population. The agreement also supports additional C1 produced vaccines along with DYAI-100.
Dyadic's C1-cell protein production platform has been selected as a rapid response vaccine manufacturing model against zoonotic diseases, demonstrating high efficacy and safety in veterinary target species. The platform can produce recombinant protein-based antigens at significant yields, enabling the development of effective vaccines quickly post-outbreak. The findings from the Zoonotic Anticipation and Preparedness Initiative (ZAPI) indicate a strong potential for C1-cell technology to aid in combating emerging infectious diseases, with positive feedback on immunogenicity and cost-effectiveness of the vaccine doses.
Dyadic International, Inc. (NASDAQ: DYAI) announced a collaboration with Syngene International Ltd. to develop a COVID-19 vaccine candidate that addresses emerging variants. This partnership aims to leverage Dyadic's proprietary C1-cell protein production platform, which promises affordable, large-scale vaccine manufacturing. The collaboration follows a similar partnership with Medytox to enhance vaccine development in Korea and Southeast Asia.
Dyadic's CEO emphasized the urgent need for effective vaccines and the potential of their technology to facilitate rapid response to infectious diseases.