Workflow
CRISPR/Cas9 technology
icon
Search documents
Dyadic Applied BioSolutions Expands Genetic Engineering Capabilities Through CRISPR/Cas9 Commercial License with ERS Genomics
Globenewswire· 2025-11-10 12:25
Core Insights - ERS Genomics and Dyadic Applied BioSolutions have entered into a CRISPR/Cas9 license agreement, allowing Dyadic to utilize ERS' extensive patent portfolio to enhance its bioproduction capabilities [1][2][3] Company Overview - ERS Genomics holds a portfolio of over 100 patents worldwide related to CRISPR/Cas9 technology, covering applications across various cell types and synthetic biology [3][6] - Dyadic Applied BioSolutions specializes in producing precision-engineered, animal-free proteins and enzymes for the life sciences, food and nutrition, and bio-industrial markets [5] Agreement Details - The agreement enables Dyadic to integrate CRISPR-based gene editing into its production platforms, specifically the C1 and Dapibus systems, to improve strain performance and product quality [2][3] - Financial details of the agreement have not been disclosed [4] Strategic Implications - The collaboration is expected to accelerate Dyadic's internal product pipeline and enhance the development of customized production strains for partners [2] - ERS Genomics emphasizes the importance of responsible use of CRISPR technology, aiming to support a wide range of applications in life sciences and bio-industrial sectors [2][3]
Intellia Therapeutics, Inc. (NASDAQ:NTLA) Faces Clinical Trial Challenges
Financial Modeling Prep· 2025-10-27 21:04
Core Insights - Intellia Therapeutics is a clinical-stage biotechnology company focused on gene-editing therapies, particularly using CRISPR/Cas9 technology to treat genetic diseases [1] - The company has faced challenges, including recent clinical trial issues that have impacted its stock performance and market perception [2][3] Company Overview - Intellia Therapeutics is known for its pioneering work in CRISPR/Cas9 technology aimed at treating genetic diseases [1] - The company competes with other biotech firms like CRISPR Therapeutics and Editas Medicine in the gene-editing space [1] Recent Developments - On October 27, 2025, H.C. Wainwright upgraded Intellia to a "Buy" rating, with the stock priced at approximately $14.68, but lowered its price target from $30 to $25 due to recent clinical trial challenges [2][6] - A safety event in the MAGNITUDE clinical trials led to a protocol pause, particularly affecting trials for transthyretin amyloidosis with cardiomyopathy (ATTR-CM) and polyneuropathy (ATTR-PN) [3][6] Stock Performance - The current stock price for Intellia is $14.42, reflecting a significant decrease of 43.67% from its previous value [4][6] - The stock has shown volatility, fluctuating between $13.21 and $16.76 during the day, with a yearly high of $28.25 and a low of $5.90 [4] Market Position - Intellia's market capitalization is approximately $1.55 billion, with a trading volume of 37.32 million shares on the NASDAQ exchange [5]