Codexis (CDXS) Raises 2021 Guidance Following Receipt of Significant New Order for a Proprietary Enzyme
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Codexis Raises 2021 Guidance Following Receipt of Significant New Order for a Proprietary Enzyme Product
June 17, 2021 4:44 PM EDTREDWOOD CITY, Calif., June 17, 2021 (GLOBE NEWSWIRE) -- Codexis, Inc. (Nasdaq: CDXS), a leading enzyme engineering company enabling the promise of synthetic biology, is raising its guidance for 2021, following the receipt of a binding purchase order for up to $13.9 million of a proprietary high performance enzyme product from an undisclosed global pharmaceutical company. The majority of this order was not included in Codexis prior guidance for 2021; accordingly, the Company is raising its 2021 guidance for total revenues to a range of $89 million to $93 million, up from previous guidance of $82 million to $85 million. Codexis is... More