Jupiter, Florida based Dyadic International (OTC Pink: DYAI), a biotechnology company which develops enzymes for use in bioenergy applications, has completed the expansion of its research laboratory in the Netherlands.
The company explained that the floor space at the laboratory has significantly increased, allowing for the installation of a wide range of state-of-the-art research equipment including a new fermentation lab.
In addition, the expansion will facilitate the housing of new scientists who were recently hired for the new C1-technology projects. According to Dyadic its C1 technology is a robust and versatile fungal expression system for gene discovery, expression and the production of enzymes and other proteins.
C1 is based on the Myceliopthora thermophila fungus and has applications in the production of ethanol frombiowastes.
The company said that it increased its scientific staff by 40% in 2013 and plans to continue hiring molecular biologists, enzymologists and fermentation specialists through 2014.
“By investing in our R&D capabilities, we are able to expand our new product development pipeline, take on additional projects with our strategic partners, and invest in strengthening the technology platform,” commented Dyadic’s chief operating officer, Danai Brooks.
Wim van der Wilden, general manager of Dyadic Netherlands, added, “The expansion was necessary to meet the projected needs of the market. In the past year we have seen a growing interest for our C1 system with commercial and academic parties.”
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