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Dyadic International posts higher revenue from R&D, new sublicensing collaborations

Dyadic International Inc (NASDAQ:DYAI) Chief Accounting Officer Ping Rawson says the Florida-based biotech reported a 119% increase in first-quarter research and development revenue compared to the same period a year ago.

Chief Scientific Officer Ronen Tchelet explained the value of its recently formed, exciting sub-licensing agreements with both Alphazyme and Serum Institute of India.


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