tiprankstipranks
Dyadic International receives $3M grant to develop antibodies for RSV, malaria
The Fly

Dyadic International receives $3M grant to develop antibodies for RSV, malaria

Dyadic International (DYAI) announced that it has been awarded a $3M grant from the Gates Foundation for the cell line development of monoclonal antibodies targeting respiratory syncytial virus and malaria utilizing the company’s proprietary C1 protein production platform to provide globally accessible treatment options for underserved populations. “Thanks to this new grant from the Gates Foundation, we are advancing our C1 platform to develop affordable therapeutics, addressing RSV, malaria, and promoting global health equity,” said Mark Emalfarb, Founder and CEO of Dyadic. “We believe C1’s increased efficiency and cost-effectiveness can expand access to therapeutics and vaccines for populations impacted by health disparities.”

Pick the best stocks and maximize your portfolio:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App