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Stock impact report

Dyadic Announces Third Quarter 2024 Financial Results and Strategic Progress Across Key Markets

Dyadic International, Inc. (DYAI) 
NASDAQ:AMEX Investor Relations: dyadic.com
Company Research Source: GlobeNewswire
Highlights Revenue Milestones and Expands Alternative Protein & Pharmaceutical Partnerships with Dapibus™ & C1 Technology Platforms Alternative Proteins Demonstrated substantial revenue increase for Q3 2024, driven primarily by Dapibus™ license fees and milestone payments.Received $1 million milestone payment for animal-free recombinant albumin products.Received $425,000 success fees for achieving production targets in a dairy enzyme collaboration.Expanded recombinant life science protein portfolio within six additional products in development for molecular biology and cell culture media applications. Human Health Co-developed a highly productive C1-produced ferritin nanoparticle Mpox (monkeypox) antigen with ViroVax LLC, achieving 4.5 g/L in 7 days; ViroVax is scheduled to begin preclinical studies for the Mpox vaccine beginning in Q4 2024.Further advanced our collaborations with two top ten pharmaceutical companies and a leading biotech company, having successfully expressed an a Show less Read more
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