Workflow
EN3ZYME
icon
Search documents
Dyadic Announces Leadership Change as Part of Ongoing Strategic Shift to Focus on High Demand Ancillary Proteins for Life Sciences, Nutrition, and Industrial Applications
Globenewswire· 2025-06-02 12:35
Core Viewpoint - Dyadic International, Inc. is undergoing a strategic shift to become a revenue-generating provider of ancillary recombinant protein products, with a focus on life sciences, nutrition, and industrial markets [1][2][3] Group 1: Leadership Changes - Joe Hazelton has been appointed as President, effective immediately, while continuing as Chief Operating Officer [1][6] - The leadership change aims to align the company’s focus on accelerating growth in the ancillary protein space [3][4] Group 2: Strategic Shift and Market Focus - Over the past 18 months, Dyadic has prioritized commercialization opportunities in high-growth segments such as cell culture media and non-animal food ingredients [2][8] - The company has achieved commercial validation through partnerships, including a collaboration with Proliant Health for recombinant human albumin and a joint venture with Fermbox Bio [2][4] Group 3: Operational and Strategic Goals - Joe Hazelton will oversee scaling scientific and commercial initiatives, deepening industry partnerships, and guiding corporate rebranding efforts [3][4] - The company’s C1 and Dapibus™ platforms are central to its strategy, enabling large-scale production of recombinant proteins for non-therapeutic applications [4][9] Group 4: Legacy Programs - While focusing on ancillary proteins, Dyadic will continue to develop its legacy biopharmaceutical programs under the oversight of Mark Emalfarb [5]