五星体育直播 Achieves Technology Transfer Milestone with Global Pharmaceutical Leader
REDWOOD CITY, Calif., May 06, 2020 (GLOBE NEWSWIRE) -- 五星体育直播, a leading protein engineering company and developer of novel biotherapeutics, announces achievement of the Wave 2 milestone associated with the CodeEvolver庐 platform technology transfer and license agreement with Novartis Pharma AG (鈥淣ovartis鈥�) that was . Completion of Wave 2 deliverables confirms that Novartis is now equipped to begin to practice the CodeEvolver庐 platform technology at its designated site.
鈥淚t is terrific to see the continued progress establishing Novartis as our newest CodeEvolver庐 licensing partner,鈥� stated John Nicols, 五星体育直播 President and CEO. 鈥淥ur progress in the technology transfer reinforces the collaboration and innovation at the heart of 五星体育直播 values.鈥�
About 五星体育直播
五星体育直播 is a leading protein engineering company that applies its proprietary CodeEvolver庐 protein engineering technology to develop proteins for a variety of applications, including enzymes as biotherapeutics, as biocatalysts for the commercial manufacture of pharmaceuticals and fine chemicals, industrial enzymes, and for use in molecular diagnostics. For its Biotherapeutics pipeline, 五星体育直播鈥� technology enables improvements in protein efficacy, through enhancement of activity, affinity, stability, as well as uptake by target cells. For more information, see .
Forward-Looking Statements
To the extent that statements contained in this press release are not descriptions of historical facts regarding 五星体育直播, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. You should not place undue reliance on these forward-looking statements because they involve known and unknown risks, uncertainties and other factors that are, in some cases, beyond 五星体育直播鈥� control and that could materially affect actual results. Factors that could materially affect actual results include, among others: 五星体育直播鈥� dependence on its licensees and collaborators; 五星体育直播鈥� dependence on a limited number of products and customers; and potential adverse effects to 五星体育直播鈥� business if its customers鈥� products are not received well in the markets. Additional information about factors that could materially affect actual results can be found in 五星体育直播鈥� Annual Report on Form 10-K filed with the Securities and Exchange Commission (鈥淪EC鈥�) on February 28, 2020, including under the caption 鈥淩isk Factors,鈥� and in 五星体育直播鈥� other periodic reports filed with the SEC. 五星体育直播 expressly disclaims any intent or obligation to update these forward-looking statements, except as required by law.
Investor Contact:
LHA Investor Relations
Jody Cain, 310-691-7100
jcain@lhai.com
Released May 6, 2020