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Dyadic International, Inc. and Proliant Health and Biologicals to Develop Recombinant Albumin Products

Jun 28, 2024almost 2 years ago

Contract Type

partnership

FloridaBiotechnologyHealth Care

Description

Dyadic International, Inc. has entered into a development and commercialization partnership with Proliant Health and Biologicals to produce animal-free recombinant albumin products. Dyadic will receive an upfront milestone payment of $1.5MM and a share of profits from the sale of the products. The initial focus will be on the commercialization of recombinant human serum albumin products, with the first product anticipated to launch in the first half of 2025.

Company Information

Company

Dyadic International and Proliant Health and Biologicals

Location

Florida, United States

About

Dyadic International, Inc. and Proliant Health and Biologicals are partnering to develop animal-free recombinant products for the serum albumin market.

Predictive Intelligence
Strategic

ML-powered predictions for Dyadic International and Proliant Health and Biologicals's next move

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months

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