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LIANYUNGANG, CHINA and JUPITER, FL / ACCESSWIRE / September 17, 2020 / Dyadic International, Inc. (“Dyadic” or the “Company”) (NASDAQ:DYAI), a all-around biotechnology aggregation focused on added applying its proprietary C1 gene announcement belvedere to advance development, lower assembly costs and advance the achievement of biologic vaccines and drugs at adjustable bartering scales, today appear accord with Jiangsu Hengrui Medicine Co., Ltd. (“Hengrui”) (SSE:600276) to administer Dyadic’s C1 technology to the development of called Hengrui biologic drug(s).
“We are absolute aflame to accomplice with Hengrui, one of the best avant-garde and adroit all-around biopharmaceutical companies. This accord additionally highlights the abode of C1’s amount proposition, bearing corpuscle curve at college announcement levels and lower cost, to abode all-around appeal for added able biomanufacturing processes of biologic vaccines and drugs. We are attractive advanced to a acknowledged accord with Hengrui,” said Dyadic’s CEO, Mark Emalfarb.
Dr. Lianshan Zhang, Hengrui’s R&D President, commented, “We are absorbed in Dyadic’s C1 technology, which has abeyant to advice us aftermath biotherapeutics in a added cost-effective fashion. As a result, we are leveraging our accumulated ability and alive carefully with Dyadic as we allotment their eyes of creating biomedicines to account patients globally.”
About Dyadic International, Inc.
Dyadic International, Inc. is a all-around biotechnology aggregation which is developing what it believes will be a potentially cogent biopharmaceutical gene announcement belvedere based on the bane Thermothelomyces heterothallica (formerly Myceliophthora thermophila), called C1. The C1 microorganism, which enables the development and ample calibration accomplish of low amount proteins, has the abeyant to be added developed into a safe and able announcement arrangement that may advice acceleration up the development, lower assembly costs and advance the achievement of biologic vaccines and drugs at adjustable bartering scales. Dyadic is application the C1 technology and added technologies to conduct research, development and bartering activities for the development and accomplishment of beastly and beastly vaccines and drugs, such as virus like particles (VLPs) and antigens, monoclonal antibodies, Fab antibiotic fragments, Fc-Fusion proteins, biosimilars and/or biobetters, and added ameliorative proteins. Assertive added analysis activities are advancing which accommodate the analysis of application C1 to advance and aftermath assertive metabolites and added biologic products. Dyadic pursues analysis and development collaborations, licensing arrange and added bartering opportunities with its ally and collaborators to advantage the amount and allowances of these technologies in development and accomplish of biopharmaceuticals. In particular, as the crumbling citizenry grows in developed and abortive countries, Dyadic believes the C1 technology may advice accompany biologic vaccines, drugs and added biologic articles to bazaar faster, in greater volumes, at lower cost, and with new backdrop to biologic developers and manufacturers, and advance admission and amount to patients and the healthcare system, but best chiefly save lives.
Please appointment Dyadic’s website at https://www.dyadic.com for added information, including capacity apropos Dyadic’s affairs for its biopharmaceutical business.
About Jiangsu Hengrui Medicine Co., Ltd.
Jiangsu Hengrui Medicine Co., Ltd. is a all-around biopharmaceutical company, headquartered in China, with 24,700 advisers adherent to allotment convalescent lives through research. With over $3.3 billion in acquirement in 2019, Hengrui has 6 new atomic entities accustomed in China as able-bodied as 30 additional programs in analytic development in China, US, EU and Australia beyond oncology, anesthesiology & analgesics, autoimmune, and metabolic & cardiovascular ameliorative areas. Driven by centralized R&D and all-around licensing and collaboration, Hengrui is committed to bringing aerial affection articles to patients. For added information, amuse appointment https://www.hrs.com.cn/index.html.
Safe Harbor Apropos Forward-Looking Statements
This columnist absolution contains advanced statements aural the acceptation of Area 27A of the Securities Act of 1933 and Area 21E of the Securities Exchange Act of 1934, including those apropos Dyadic International’s expectations, intentions, strategies and behavior pertaining to approaching contest or approaching banking performance. Absolute contest or after-effects may alter materially from those in the advanced statements as a aftereffect of assorted important factors, including those declared in the Company’s best contempo filings with the SEC. Dyadic assumes no obligation to amend about any such advanced statements, whether as a aftereffect of new information, approaching contest or otherwise. For a added complete description of the risks that could account our absolute after-effects to alter from our accepted expectations, amuse see the area advantaged “Risk Factors” in Dyadic’s anniversary letters on Form 10-K and annual letters on Form 10-Q filed with the SEC, as such factors may be adapted from time to time in Dyadic’s alternate filings with the SEC, which are attainable on the SEC’s website and at https://www.dyadic.com/.
Ping W. RawsonChief Banking OfficerPhone: (561) 743-8333Email: mailto:[email protected]
SOURCE: Dyadic International, Inc.
View antecedent adaptation on accesswire.com:https://www.accesswire.com/606396/Dyadic-Announces-Collaboration-with-Jiangsu-Hengrui-Medicine-for-Biologic-Drug-Development
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