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Friday, December 15, 2023 8:14:58 AM
https://www.nasdaq.com/articles/some-of-the-best-ideas-from-the-12th-annual-benchmark-discovery-conference
Conference season in the investment industry may be starting to wind down, but several reputable and well-known names have just wrapped up their annual conferences. One of the most recent conferences to wrap up was the Discovery Conference, hosted by The Benchmark Company. The annual conference gives companies opportunities for one-on-one meetings with institutional investors from across the U.S. Here are some of the best ideas from this year's Discovery Conference.
Dyadic
Dyadic (DYAI) is an interesting biotechnology company working on a wide range of products for human health, animal health and alternative proteins. First, the company is applying its proprietary and patented C1 technology to develop vaccines and antibodies for infectious diseases in humans.
During the first quarter, Dyadic began dosing in a Phase 1 clinical trial of DYAI-100, a COVID-19 booster vaccine candidate based on recombinant protein. The company expects the results from this first in-human trial to accelerate the adoption of the C1-cell protein production platform.
In addition to the COVID-19 vaccine, Dyadic is also developing several other vaccines for infectious diseases, including influenza, and other illnesses, including cancer. The company is using the same C1 platform to develop vaccines and antibodies for infectious diseases in animals, with a focus on Rift-Valley fever, salmonellosis, zoonotic influenza, West Nile virus, coronavirus, plague, rabies, Lyme disease and brucellosis.
Finally, Dyadic's alternative proteins program is aimed at reducing the cost of recombinant protein production using its proprietary Dapibus platform and other technologies in the search for non-pharmaceutical recombinant proteins. As part of this last program, Dyadic has launched a strategic partnership with a global food ingredient company and is exploring licensing and product opportunities in the alternative meat industry.
Investing in high-growth sectors
All the companies on this list operate in high-growth sectors and are developing cutting-edge technologies in their fields with the potential for tremendous gains in the future. For example, one estimate pegged the quantum-computing market at $812.6 million in revenue for 2022, with a projected compound annual growth rate (CAGR) of 22% between 2023 and 2030, bringing it to $8.2 billion in revenue.
Meanwhile, another estimate suggested the blood glucose monitoring device market was worth $12.5 billion in 2022 and projected a CAGR of 8.13% between 2023 and 2030. In fact, Know Labs could eventually address many more markets than just blood glucose monitoring with its technology, so these numbers probably represent only a fraction of the company’s potential total addressable market (TAM).
Ideal Power already addresses a large number of energy-efficient markets. However, one firm estimated that EVs alone represented a $49.1 billion market in 2022 and projected a CAGR of more than 15.5% between 2023 and 2032, making it worth $215.7 billion. Thus, Ideal Power’s TAM should be significantly larger than this one market alone.
Similarly, Dyadic is working on both vaccines and antibodies for infectious diseases and other illnesses in both humans and animals. However, considering only vaccines for infectious diseases, one estimate pegs the market at $77.6 billion in 2023 with a CAGR of 3.9% between 2023 and 2028, making it worth $93.8 billion.
Of course, despite the large TAMs these companies could see, investors are always advised to do their own due diligence before investing in any company or sector.
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Recent DYAI News
- Form 8-K - Current report • Edgar (US Regulatory) • 08/13/2024 08:17:23 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 08/13/2024 08:15:54 PM
- Dyadic Announces Second Quarter 2024 Financial Results and Highlights Recent Company Progress • GlobeNewswire Inc. • 08/13/2024 08:05:00 PM
- Dyadic to Report Second Quarter 2024 Financial Results on Tuesday, August 13, 2024 • GlobeNewswire Inc. • 07/30/2024 08:00:00 PM
- Dyadic International, Inc. and Proliant Health and Biologicals announce Recombinant Albumin Development and Commercialization Partnership • GlobeNewswire Inc. • 06/28/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 06/14/2024 01:26:02 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 06/11/2024 08:31:42 PM
- Form 144 - Report of proposed sale of securities • Edgar (US Regulatory) • 06/06/2024 09:36:45 PM
- Dyadic to Attend Industry Events in June • GlobeNewswire Inc. • 05/30/2024 08:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 05/23/2024 07:42:57 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 05/14/2024 08:47:41 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 05/14/2024 08:47:30 PM
- Dyadic Announces First Quarter 2024 Financial Results and Highlights Recent Company Progress • GlobeNewswire Inc. • 05/14/2024 08:00:00 PM
- Dyadic to Attend Industry and Investor Events in May • GlobeNewswire Inc. • 05/08/2024 12:30:00 PM
- Form EFFECT - Notice of Effectiveness • Edgar (US Regulatory) • 05/08/2024 04:15:21 AM
- Dyadic to Report First Quarter 2024 Financial Results on Tuesday, May 14, 2024 • GlobeNewswire Inc. • 04/30/2024 08:30:00 PM
- Dyadic Reports 2023 Full Year Results and Recent Company Progress • GlobeNewswire Inc. • 03/28/2024 08:00:00 PM
- Dyadic Announces Change in Board and Management Leadership Roles • GlobeNewswire Inc. • 03/28/2024 12:30:00 PM
- Dyadic to Attend Industry Events in April • GlobeNewswire Inc. • 03/27/2024 12:30:00 PM
- Dyadic Announces Publication of C1 Monoclonal Antibody in Nonhuman Primate Study in Nature Communications • GlobeNewswire Inc. • 03/26/2024 12:30:00 PM
- Dyadic to Attend Future Food Tech Event March 21 – 22, 2024 in San Francisco, California • GlobeNewswire Inc. • 03/21/2024 12:30:00 PM
- Dyadic to Report Full Year 2023 Financial Results and Host Conference call on Thursday, March 28, 2024 • GlobeNewswire Inc. • 03/14/2024 08:30:00 PM
- CORRECTION – Dyadic Announces Closing of Private Placement of $6.0 Million Convertible Notes to Accelerate Near-Term Revenue Growth and Commercialization • GlobeNewswire Inc. • 03/11/2024 01:57:14 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/11/2024 12:45:28 PM
- Dyadic Announces Closing of Private Placement of $6.0 Million Convertible Notes to Accelerate Near-Term Revenue Growth and Commercialization • GlobeNewswire Inc. • 03/11/2024 12:30:00 PM
PickleJar Unveils Latest Venue Managed Services Innovations in Upcoming Webinar • PKLE • Aug 23, 2024 1:11 PM
Element79 Gold Corp Provides Update on Nevada Portfolio • ELMGF • Aug 23, 2024 8:00 AM
Maybacks Adds Award Winning Show to Its Lineup Discusses Maybacks Opportunity • AHRO • Aug 22, 2024 11:30 AM
North Bay Resources Announces First Gold Concentrate at Mt. Vernon Gold Mine, Assays 12 oz/ton Gold, 17.5 oz/ton Platinum, and 8 oz./ton Silver, Sierra County, California • NBRI • Aug 22, 2024 10:28 AM
All Things Mobile Analytic, Inc. Reports Major Growth with Over $11 Million in Revenue • ATMH • Aug 22, 2024 7:19 AM
Unitronix Announces Strategic Entry into Cryptocurrency Space • UTRX • Aug 21, 2024 10:00 AM