Dyadic International Inc (DYAI)

[Paullee]

Dyadic International, Inc. Announces Research and Development Collaboration with the Israel Institute for Biological Research (IIBR) to Combat Emerging Diseases & Threats
GlobeNewswire•January 16, 2018

JUPITER, Fla., Jan. 16, 2018 (GLOBE NEWSWIRE) -- Dyadic International, Inc. (“Dyadic”) (DYAI), a global biotechnology company focused on further improving and applying its proprietary C1 gene expression platform to speed up the development and production of biologic vaccines and drugs at flexible commercial scales, today announced that it has entered into a research and development collaboration with the Israel Institute for Biological Research (“IIBR”) to further advance its C1 expression platform for the development and manufacture of recombinant vaccines and neutralizing agents comprising targeted antigens and monoclonal antibodies, to combat emerging diseases and threats.

IIBR is a governmental, applied research institute specializing in the fields of biology, medicinal chemistry and environmental sciences. Backed by six decades of experience, IIBR combines highly trained personnel with cutting-edge technologies and infra-structure to conduct applied research and development in the fields of biology, medicinal chemistry and environmental sciences, in addition to basic research studies closely related to IIBR's applied projects.

http://www.iibr.gov.il/Default.aspx

“We are delighted that IIBR has selected our C1 technology for their project designed to potentially combat against emerging diseases and biological threats by deploying the C1 gene expression platform as a potential game changing technology in Israel. The objective of the program is to enable the production of recombinant vaccines and neutralizing agents comprising targeted antigens and monoclonal antibodies, and in high volumes and low cost,” said Mark A. Emalfarb, Founder and CEO of Dyadic. “This project will provide Dyadic with a unique opportunity to work with such a renowned organization to integrate our C1 gene expression platform into an end to end product development and manufacturing capability to produce biologics and take one or more of them through the regulatory process. Substantially, the work will be performed at IIBR’s laboratories by using in-house resources.”

“The IIBR development program will encompass the spectrum of product and process development utilizing C1’s advanced genetic techniques and novel characteristics for the production of recombinant vaccines and neutralizing agents comprising targeted antigens and monoclonal antibodies. This is a great opportunity for Dyadic to demonstrate the unique benefits of using the C1 platform,” said Ronen Tchelet, PhD, Dyadic’s VP of Research and Business Development. “We anticipate that this program, using our C1 technology, will help bring biologic products to market faster, and most importantly, create a platform that may help save lives.