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Codexis Grants Alphazyme LLC, a Division of Maravai LifeSciences, License to Genomics Life Science Enzyme Portfolio

:finance.yahoo.com

Codexis, Inc. is a prominent enzyme engineering company that has recently made waves in the life science industry with its non-exclusive license agreement with Alphazyme LLC, a part of Maravai LifeSciences. This agreement includes licenses for a range of enzymes in Codexis‘ life science enzyme portfolio, such as the HiFi DNA Polymerase, HiTemp Reverse Transcriptase, HiRev Isothermal Polymerase, and others designed for genomics and diagnostic applications.

The announcement of this agreement on October 1, 2024, marks a significant milestone for Codexis as it continues to focus on maximizing its commercial opportunities and strategic priorities. Kevin Norrett, the Chief Operating Officer at Codexis, expressed confidence in the partnership with Alphazyme, highlighting the seamless transition for customers and the potential for growth in the Pharmaceutical Manufacturing business.

Alphazyme, known for its expertise in industrial-scale molecular biology enzymes, is poised to leverage its experience to enhance the commercialization of Codexis‘ portfolio of life science and diagnostic enzymes. Chad Decker, Vice President and General Manager of Alphazyme, emphasized the strength of the longstanding relationship between the two companies and their shared commitment to success.

This license agreement is part of Codexis‘ strategy to divest non-core assets following its strategic shift towards focusing on the growth of its Pharmaceutical Manufacturing business and the development of its Enzyme Catalyzed Oligonucleotide (ECO) Synthesis™ manufacturing platform. The ECO Synthesis™ platform aims to address scalability and cost limitations in traditional phosphoramidite chemistry, potentially enabling the commercial-scale manufacture of RNAi therapeutics through an enzymatic route.

Codexis‘ unique enzymes have the potential to drive improvements in various applications, including small molecule pharmaceuticals manufacturing, nucleic acid synthesis, and genomic and diagnostic applications. The company’s commitment to innovation and collaboration is evident in its efforts to push the boundaries of enzyme engineering and deliver high-performance solutions to real-world challenges.

For more information about Codexis, its enzyme engineering capabilities, and the ECO Synthesis™ manufacturing platform, visit their official website. Additionally, to learn more about Alphazyme and Maravai LifeSciences, visit their respective websites for insights into their contributions to the life sciences industry.

Overall, the partnership between Codexis and Alphazyme represents a strategic move towards advancing enzyme technology and driving innovation in the life science sector. With a focus on commercialization, growth, and collaboration, both companies are poised to make a significant impact in the field of enzyme engineering and molecular biology.

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