Dyadic Announces Two New Fully Funded Collaborations with Leading Global Animal Health Companies
ACCESSWIRE ACCESSWIRE•July 8, 2020
Dyadic Now Partnered with all of the Top Four Animal Health Companies
Five Fully Funded Animal Health Research Projects with Three New Relationships Announced this Year
JUPITER, FL / ACCESSWIRE / July 8, 2020 / Dyadic International, Inc. ("Dyadic", "we", "us", "our", or the "Company") (DYAI), a global biotechnology company focused on further improving and applying its proprietary C1 gene expression platform to accelerate the development, lower production costs and improve the performance of biologic vaccines and drugs at flexible commercial scales, today announced that it has entered into new fully funded collaborations with two of the leading global animal health companies to demonstrate the C1 technology platform for expression and production of therapeutic proteins for companion and farm animal diseases.
"We are very pleased to announce two new animal health-related research agreements with global leaders. Our efforts in animal health reinforce our highly targeted business development approach to large and growing, global markets. The regulatory pathway in animal health is much shorter with the cost of goods being a much more critical issue when compared to human vaccines and drugs. We believe our C1 technology platform is well-positioned to enable our collaborators to bring more products to market, help speed commercialization, deliver larger quantities at lower cost and be manufactured at flexible commercial scales, to improve animal health", said Mark Emalfarb, Dyadic's Chief Executive Officer.
"In addition, these new collaborations, combined with our COVID-19 efforts with the Frederick National Laboratory announced on June 10th, highlight our significant momentum and progress in both animal and human health as well the broad application potential of our C1 technology platform. Over the past six months, we have announced three fully funded animal health research collaborations, are now working with all four leading animal health care companies and, in some of the collaborations, the project work is already being expanded," concluded Mr. Emalfarb.
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