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Dyadic to Report Third Quarter 2021 Financial Results on Wednesday, November 10, 2021

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Dyadic International will report its Q3 2021 financial results on November 10, 2021. The company focuses on its proprietary C1-cell protein production platform aimed at enhancing biologic vaccine and drug development. This platform is designed to lower production costs and improve performance. Investors can join a conference call at 5:00 PM ET to discuss these results and the company's future outlook. The C1 technology utilizes the fungus Thermothelomyces heterothallica to produce low-cost proteins efficiently.

Positive
  • Scheduled Q3 2021 financial results announcement on November 10, 2021.
  • Focus on proprietary C1-cell protein production platform could lower production costs.
Negative
  • No specific financial metrics or guidance provided for Q3 2021.

JUPITER, Fla., Oct. 27, 2021 (GLOBE NEWSWIRE) -- 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 the third quarter ended September 30, 2021 and host a corporate update conference call on Wednesday, November 10, 2021.

Conference Call Information

Date: Wednesday, November 10, 2021

Time: 5:00 p.m. Eastern Time

Dial-in numbers: Toll Free: 877-407-0784 International: 201-689-8560

Conference ID: 13722747

Webcast Link: http://public.viavid.com/index.php?id=146417

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. To access the replay of the webcast, please follow the webcast link above.

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.


FAQ

When will Dyadic International report its Q3 2021 financial results?

Dyadic International will report its Q3 2021 financial results on November 10, 2021.

What time is the conference call for Dyadic's Q3 2021 financial results?

The conference call for Dyadic's Q3 2021 financial results is scheduled for 5:00 PM ET on November 10, 2021.

What is the C1-cell protein production platform by Dyadic?

The C1-cell protein production platform is a proprietary technology developed by Dyadic aimed at improving the development and production of biologic vaccines and drugs.

What is the significance of the C1 technology for Dyadic International?

The C1 technology has the potential to enable the large-scale manufacture of low-cost proteins, potentially speeding up the development and lowering the costs of biologic products.

How can I access the conference call for Dyadic's financial results?

The conference call can be accessed via dial-in numbers or through the webcast link provided in the press release.

Dyadic International, Inc.

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