Dyadic Granted Patent for High-Throughput Screening of Expressed DNA Libraries in Filamentous Fungi
19 Octobre 2006 - 2:02PM
Business Wire
Dyadic International, Inc. (AMEX:DIL), a biotechnology company,
announced today that it was granted U.S. patent 7,122,330,
"High-Throughput Screening of Expressed DNA Libraries in
Filamentous Fungi," by the U.S. Patent and Trademark Office. Dr.
Glenn Nedwin, Dyadic's Chief Scientific Officer, Executive Vice
President and President of Dyadic's Biosciences Business, said,
"This patent protects Dyadic's novel technology for robotic
screening in filamentous fungi using our proprietary C1 Host
Technology platform. With broad claims covering a number of other
industrially relevant fungi, including Trichoderma and Aspergillus,
we believe the patent also validates Dyadic's 'one stop shop' model
where gene discovery and improvement, gene expression, and product
manufacturing in quantities from 1 ml to 150,000 liters can all be
performed in the same host organism. We believe that this, in turn,
should improve the odds of identifying potentially useful proteins,
shorten R&D development timelines, and reduce development
costs." Dr. Nedwin added, "We already are using this patented
technology in Dyadic's programs to identify optimal enzymes and
enzyme mixtures to increase the efficiency of extracting sugars
from renewable biomass, a critical step in the production of
low-cost cellulosic ethanol, plastics, polymers and other products
now derived from petroleum. We also are using our technology to
expand the pipeline of new, more effective and lower cost enzymes
used in the pulp & paper, textile, animal feed and other
industrial processes, and are developing the technology to
facilitate the rapid, low-cost screening of antibodies and other
proteins for therapeutic applications. We believe that the unique
capabilities of our patented technology give us an important
advantage in the development of cost-effective commercial products
in each of our target markets." About Dyadic Dyadic International,
Inc., based in Jupiter, Florida, with operations in the United
States of America, Hong Kong and mainland China, Poland and The
Netherlands, is engaged in the development, manufacture and sale of
biological products using a number of proprietary fungal strains to
produce enzymes and other biomaterials, principally focused on a
system for protein production based on the patented Chrysosporium
lucknowense fungus, known as C1. Dyadic is applying its
technologies to produce enzymes for use in converting various
agricultural products (e.g. corn) and waste products (e.g. switch
grass, wheat straw, sugar cane bagasse, etc.) into fermentable
sugars, which can then be used in the production of traditional and
cellulosic ethanol as well as other products currently derived from
petroleum. Dyadic's C1 technology also is being developed to
facilitate the discovery, development and large-scale production of
human antibodies and other high-value therapeutic proteins. Dyadic
currently sells more than 45 liquid and dry enzyme products to more
than 200 industrial customers in approximately 50 countries for the
textile, pulp & paper, animal feed, alcohol, starch, and food
and beverage industries. Cautionary Statement for Forward-Looking
Statements Certain statements contained in this press release are
"forward-looking statements." These forward-looking statements
involve risks and uncertainties that could cause our actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. For a discussion of
these risks and uncertainties, please see our filings from time to
time with the Securities and Exchange Commission, which are
available free of charge on the SEC's web site at
http://www.sec.gov, including our Annual Report on Form 10-KSB for
the year ended December 31, 2005, and our subsequent filings with
the SEC. Except as required by law, we expressly disclaim any
intent or obligation to update any forward-looking statements.
Dyadic International, Inc. (AMEX:DIL), a biotechnology company,
announced today that it was granted U.S. patent 7,122,330,
"High-Throughput Screening of Expressed DNA Libraries in
Filamentous Fungi," by the U.S. Patent and Trademark Office. Dr.
Glenn Nedwin, Dyadic's Chief Scientific Officer, Executive Vice
President and President of Dyadic's Biosciences Business, said,
"This patent protects Dyadic's novel technology for robotic
screening in filamentous fungi using our proprietary C1 Host
Technology platform. With broad claims covering a number of other
industrially relevant fungi, including Trichoderma and Aspergillus,
we believe the patent also validates Dyadic's 'one stop shop' model
where gene discovery and improvement, gene expression, and product
manufacturing in quantities from 1 ml to 150,000 liters can all be
performed in the same host organism. We believe that this, in turn,
should improve the odds of identifying potentially useful proteins,
shorten R&D development timelines, and reduce development
costs." Dr. Nedwin added, "We already are using this patented
technology in Dyadic's programs to identify optimal enzymes and
enzyme mixtures to increase the efficiency of extracting sugars
from renewable biomass, a critical step in the production of
low-cost cellulosic ethanol, plastics, polymers and other products
now derived from petroleum. We also are using our technology to
expand the pipeline of new, more effective and lower cost enzymes
used in the pulp & paper, textile, animal feed and other
industrial processes, and are developing the technology to
facilitate the rapid, low-cost screening of antibodies and other
proteins for therapeutic applications. We believe that the unique
capabilities of our patented technology give us an important
advantage in the development of cost-effective commercial products
in each of our target markets." About Dyadic Dyadic International,
Inc., based in Jupiter, Florida, with operations in the United
States of America, Hong Kong and mainland China, Poland and The
Netherlands, is engaged in the development, manufacture and sale of
biological products using a number of proprietary fungal strains to
produce enzymes and other biomaterials, principally focused on a
system for protein production based on the patented Chrysosporium
lucknowense fungus, known as C1. Dyadic is applying its
technologies to produce enzymes for use in converting various
agricultural products (e.g. corn) and waste products (e.g. switch
grass, wheat straw, sugar cane bagasse, etc.) into fermentable
sugars, which can then be used in the production of traditional and
cellulosic ethanol as well as other products currently derived from
petroleum. Dyadic's C1 technology also is being developed to
facilitate the discovery, development and large-scale production of
human antibodies and other high-value therapeutic proteins. Dyadic
currently sells more than 45 liquid and dry enzyme products to more
than 200 industrial customers in approximately 50 countries for the
textile, pulp & paper, animal feed, alcohol, starch, and food
and beverage industries. Cautionary Statement for Forward-Looking
Statements Certain statements contained in this press release are
"forward-looking statements." These forward-looking statements
involve risks and uncertainties that could cause our actual
results, performance or achievements to be materially different
from any future results, performance or achievements expressed or
implied by such forward-looking statements. For a discussion of
these risks and uncertainties, please see our filings from time to
time with the Securities and Exchange Commission, which are
available free of charge on the SEC's web site at
http://www.sec.gov, including our Annual Report on Form 10-KSB for
the year ended December 31, 2005, and our subsequent filings with
the SEC. Except as required by law, we expressly disclaim any
intent or obligation to update any forward-looking statements.
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