Search Results for 'codexis'

Codexis’s cash flows turn positive ahead of schedule

In California, Codexis will be delivering a positive cash flow in 2014 according to recently released financial results for its second quarter. Revenues for the quarter ended June 30, 2014 were $6.6 million, a 6% decrease from $7.0 million of revenues recorded in the second quarter of 2013. According to President and CEO John Nicols, “After delivering results in line […]

August 11, 2014 More

On the Move in the Advanced bioeconomy: Codexis, Flint Hill Resources

In Nebraska, Flint Hills Resources has hired Russell Leighton and Jeremy Morse to lead the Duonix biodiesel plant in Beatrice Nebraska. The biodiesel plant is part of a joint venture between Flint Hills Resources and Benefuel, Inc., known as Duonix, LLC. In May, Flint Hills Resources announced they would begin retrofitting the plant in preparation […]

July 31, 2014 More

Codexis inks multi-$M GSK deal

In California, Codexis announced the signing of a platform technology license agreement with GlaxoSmithKline (GSK). Under the terms of the agreement, Codexis granted GSK a license to use Codexis’ proprietary CodeEvolver® protein engineering platform technology in the field of human healthcare. The license allows GSK to use Codexis’ platform technology to develop novel enzymes for […]

July 15, 2014 More

Codexis signs major technology license with GlaxoSmithKline; could earn up to $25M in 2 yrs, more later

From California, we hear that Codexis has announced the signing of a platform technology license agreement with GlaxoSmithKline (GSK). The company’s stock rose 43% on the news. The agreement in detail Here’s the skinny: Under the terms of the agreement, Codexis granted GSK a license to use Codexis’ proprietary CodeEvolver protein engineering platform technology in the […]

July 15, 2014 More

Codexis exits cellulosic biofuels space

In California, Codexis signaled the end of its cellulase enzyme adventure in cellulosic biofuels with the wind-down of its CodeXyme business. CEO John Nicols said, “Given the market’s undervaluation of the prospects and continued slow build out of cellulosic ethanol facilities, we have not been able to secure a suitable partnership or transaction for our […]

November 12, 2013 More

Hottest Companies: Codexis

Voting for Codexis in the Hot 50 or Hot 30 Rankings You can vote on the web for this company in the 50 Hottest Companies in Bioenergy or the 30 Hottest Companies in Biobased Chemicals and Materials — by clicking on the icons above to “Like” or “Tweet” this page. Any web votes you record […]

August 25, 2013 More

Codexis receives notice of patent breach from Dyadic

In California, Codexis announced that the company has received notice from Dyadic International, Inc. alleging that Codexis is in breach under a license agreement established by the companies on November 14, 2008. According to the notice, Dyadic intends to terminate the agreement in 60 days if the breach is not cured to Dyadic’s satisfaction. Codexis […]

August 6, 2013 More

Chemtex and Codexis announce milestone reaching in developing detergent alchohols technology

In Italy, Chemtex and Codexis announced the successful scale-up in the production of CodeXol detergent alcohols using cellulosic sugars. The scale-up was achieved at a 1,500 liter demonstration facility at Chemtex’s R&D complex in Tortona, Italy and is a key milestone in the ongoing effort initiated by the two companies to develop a fully integrated […]

June 18, 2013 More

CO2 Solutions and Codexis extend JDA through March 2015

In Canada, CO2 Solutions announced that it has renewed until March 31, 2015 its Joint Development Agreement with Codexis to continue the development and deployment of CO2 Solutions’ enzymatic carbon capture technology. Under the amended and restated JDA, CO2 Solutions’ proprietary enzymatic method for the efficient capture of carbon dioxide from large emission sources will continue to benefit from Codexis’ […]

May 23, 2013 More

Codexis lowers losses to $9.6 million for Q1 2013

In California, Codexis reports revenues for the first quarter of 2013 were $11.5 million, a 45% increase from $7.9 million in the fourth quarter of 2012. Net operating costs were $21.1 million, a nearly 11% decrease from the fourth quarter of 2012. The net loss was $9.6 million, or a loss of $0.25 per share, […]

May 9, 2013 More