Codexis Earns Milestone Payment from GlaxoSmithKline
REDWOOD CITY, Calif., July 07, 2021 (GLOBE NEWSWIRE) -- Codexis, Inc. (Nasdaq: CDXS), a leading enzyme engineering company enabling the promise of synthetic biology, announced it earned a significant milestone payment related to the licensing of its proprietary CodeEvolver protein engineering platform technology to GlaxoSmithKline (GSK).
- REDWOOD CITY, Calif., July 07, 2021 (GLOBE NEWSWIRE) -- Codexis, Inc. (Nasdaq: CDXS), a leading enzyme engineering company enabling the promise of synthetic biology, announced it earned a significant milestone payment related to the licensing of its proprietary CodeEvolver protein engineering platform technology to GlaxoSmithKline (GSK).
- The milestone, which was expected in the second half of 2021, was recorded as revenue in the second quarter.
- Codexis is proud that our CodeEvolver platform continues to offer robust value to GSK, said John Nicols, President and CEO of Codexis.
- Codexis expressly disclaims any intent or obligation to update these forward-looking statements, except as required by law.