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Dyadic to Report First Quarter 2021 Financial Results

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Dyadic International, Inc. (NASDAQ:DYAI) will report its financial results for the first quarter of 2021 on May 13, 2021. The company is known for its proprietary C1-cell protein production platform, which aims to reduce costs and improve the efficiency of biologic vaccines and drugs. A corporate update conference call is scheduled for 5:00 p.m. Eastern Time on the same day. The call will be accessible via a toll-free number or webcast, with an archive available on Dyadic's website shortly after the event.

Positive
  • Scheduled financial results announcement for Q1 2021 indicates ongoing transparency with investors.
  • C1 technology is positioned to develop low-cost proteins, which may attract interest in biotech collaborations.
Negative
  • None.

JUPITER, FL / ACCESSWIRE / April 29, 2021 / Dyadic International, Inc. ("Dyadic", "we", "us", "our", or the "Company") (NASDAQ:DYAI), a global biotechnology company focused on further improving, applying and deploying its proprietary C1-cell protein production platform to accelerate development, lower production costs and improve the performance of biologic vaccines and drugs at flexible commercial scales, today announced that it will report its financial results for quarter ended March 31, 2021 and host a corporate update conference call on Thursday, May 13, 2021.

Conference Call Information

Date: Thursday, May 13, 2021
Time: 5:00 p.m. Eastern Time
Dial-in numbers: Toll Free: 877-407-8033 International: 201-689-8033
Webcast Link: https://www.webcaster4.com/Webcast/Page/2031/41076

An archive of the webcast will be available within 24 hours after completion of the live event and will be accessible on the Investor Relations section of the Company's website at www.dyadic.com for a limited time. To access the replay of the webcast, please follow the webcast link above. A dial-in replay of the call will also be available to those interested. To access the replay, please dial Toll Free: 877-481-4010 (U.S. or Canada) or International: 919-882-2331 (International) and enter replay pass code: 41076.

About Dyadic International, Inc.

Dyadic International, Inc. is a global biotechnology company which is developing what it believes will be a potentially significant biopharmaceutical gene expression platform based on the fungus Thermothelomyces heterothallica (formerly Myceliophthora thermophila), named C1. The C1 microorganism, which enables the development and large-scale manufacture of low-cost proteins, has the potential to be further developed into a safe and efficient expression system that may help speed up the development, lower production costs and improve the performance of biologic vaccines and drugs at flexible commercial scales. Dyadic is using the C1 technology and other technologies to conduct research, development and commercial activities for the development and manufacturing of human and animal vaccines and drugs, such as virus like particles (VLPs) and antigens, monoclonal antibodies, Fab antibody fragments, Fc-Fusion proteins, biosimilars and/or biobetters, and other therapeutic proteins. Certain other research activities are ongoing which include the exploration of using C1 to develop and produce certain metabolites and other biologic products. Dyadic pursues research and development collaborations, licensing arrangements and other commercial opportunities with its partners and collaborators to leverage the value and benefits of these technologies in development and manufacture of biopharmaceuticals. As the aging population grows in developed and undeveloped countries, Dyadic believes the C1 technology may help bring biologic vaccines, drugs, and other biologic products to market faster, in greater volumes, at lower cost, and with new properties to drug developers and manufacturers, and improve access and cost to patients and the healthcare system, but most importantly save lives.

Please visit Dyadic's website at http://www.dyadic.com for additional information, including details regarding Dyadic's plans for its biopharmaceutical business.

Safe Harbor Regarding Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, including those regarding Dyadic International's expectations, intentions, strategies, and beliefs pertaining to future events or future financial performance. Actual events or results may differ materially from those in the forward-looking statements because of various important factors, including those described in the Company's most recent filings with the SEC. Dyadic assumes no obligation to update publicly any such forward-looking statements, whether because of new information, future events or otherwise. For a more complete description of the risks that could cause our actual results to differ from our current expectations, please see the section entitled "Risk Factors" in Dyadic's annual reports on Form 10-K and quarterly reports on Form 10-Q filed with the SEC, as such factors may be updated from time to time in Dyadic's periodic filings with the SEC, which are accessible on the SEC's website and at http://www.dyadic.com.

Contact:

Dyadic International, Inc.
Ping W. Rawson
Chief Financial Officer
Phone: (561) 743-8333
Email: prawson@dyadic.com

SOURCE: Dyadic International, Inc.



View source version on accesswire.com:
https://www.accesswire.com/643412/Dyadic-to-Report-First-Quarter-2021-Financial-Results

FAQ

When will Dyadic report its financial results for Q1 2021?

Dyadic will report its financial results for the first quarter of 2021 on May 13, 2021.

What is the significance of Dyadic's C1 technology?

Dyadic's C1 technology aims to lower production costs and improve the efficiency of biologic vaccines and drugs.

What time is the conference call on May 13, 2021?

The conference call is scheduled for 5:00 p.m. Eastern Time on May 13, 2021.

How can I access the Dyadic conference call?

The conference call can be accessed via a toll-free number or through a webcast link provided in the press release.

Where can I find the archive of Dyadic's conference call?

An archive of the conference call will be available on Dyadic's Investor Relations section of their website within 24 hours after the live event.

Dyadic International, Inc.

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Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
JUPITER