Codexis Appoints Christos Richards to Board of Directors
January 16 2025 - 4:05PM
Codexis, Inc. (NASDAQ: CDXS), a leading provider of enzymatic
solutions for efficient and scalable therapeutics manufacturing,
today announced the appointment of Christos Richards to the
Company’s Board of Directors.
“I am delighted to welcome Christos to our
Board. His broad and deep knowledge and understanding of the life
sciences industry will be invaluable as we continue the
transformation of Codexis,” said Stephen Dilly, MBBS, PhD, Chairman
and Chief Executive Officer at Codexis.
Mr. Richards added, “As a longstanding partner
to the biopharmaceutical industry, I’m well aware of the potential
of Codexis’ proprietary technologies and their ability to enable
the exponential expansion of RNAi therapeutics and other novel
therapeutic modalities. I’m thrilled to partner with the management
team and Board of Directors to see the company through this next
phase of growth.”
Christos Richards brings over 30 years of global
executive advisory and search experience for the biopharmaceutical
and healthcare industry to Codexis. To date, he has completed more
than 450 executive level assignments, including over 200 Board, CEO
and CEO succession projects in the Life Sciences sector. He
currently serves as Global Head of Healthcare and Life Sciences at
Calibre One, a global executive search firm with offices across
California as well as Chicago, New York and London. Mr. Richards
serves clients from venture-backed startups to leading global
enterprises in devices, diagnostics, agricultural biotechnology,
animal health, tools, services and digital health sectors. He has
spent 20 years as a partner with two prominent boutique search
firms, including serving as Chief Executive Officer of Levin &
Company. Mr. Richards previously served on the Board of Directors
for Coherus BioSciences and is also an advisor for the University
of California, San Francisco Innovation Ventures Entrepreneurship
Center. He holds a diploma in hospitality management from
Schweizerische Wirteschule in Lucerne/Davos, Switzerland.
About Codexis
Codexis is a leading provider of enzymatic
solutions for efficient and scalable therapeutics manufacturing
that leverages its proprietary CodeEvolver® technology
platform to discover, develop and enhance novel, high-performance
enzymes and other classes of proteins. Codexis enzymes solve for
real-world challenges associated with small molecule
pharmaceuticals manufacturing and nucleic acid synthesis. The
Company is currently developing its proprietary ECO Synthesis™
manufacturing platform to enable the scaled manufacture of RNAi
therapeutics through an enzymatic route. Codexis’ unique enzymes
can drive improvements such as higher yields, reduced energy usage
and waste generation, improved efficiency in manufacturing and
greater sensitivity in genomic and diagnostic applications. For
more information, visit https://www.codexis.com.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of Section 27A of the Securities Act
of 1933, as amended, and Section 21E of the Securities Exchange Act
of 1934, as amended. In some cases, you can identify
forward-looking statements by terminology such as “aim,”
“anticipate,” “assume,” “believe,” “contemplate,” “continue,”
“could,” “design,” “due,” “estimate,” “expect,” “goal,” “intend,”
“may,” “objective,” “plan,” “positioned,” “potential,” “predict,”
“seek,” “should,” “suggest,” “target,” “on track,” “will,” “would”
and other similar expressions that are predictions of or indicate
future events and future trends, or the negative of these terms or
other comparable terminology. To the extent that statements
contained in this press release are not descriptions of historical
facts, they are forward-looking statements reflecting the current
beliefs and expectations of management, including but not limited
to statements regarding the potential of the ECO Synthesis™
platform, and it providing an opportunity for Codexis to
efficiently capture meaningful market share; expectations regarding
Codexis meeting its technical and commercial milestones regarding
the ECO Synthesis™ platform; and expectations regarding the
potential of and future demand for RNAi therapeutics, and whether
Codexis will be able to capitalize on such demand. 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 Codexis’ control and that
could materially affect actual results. Factors that could
materially affect actual results include, among others: Codexis’
dependence on its licensees and collaborators; if any of its
collaborators terminate their development programs under their
respective license agreements with Codexis; Codexis may need
additional capital in the future in order to expand its business;
if Codexis is unable to successfully develop and commercialize new
technology such as its ECO Synthesis™ platform and its dsRNA
ligase; Codexis dependence on a limited number of products and
customers, and potential adverse effects to Codexis’ business if
its customers’ products are not received well in the markets; if
competitors and potential competitors who have greater resources
and experience than Codexis develop products and technologies that
make Codexis’ products and technologies obsolete; if Codexis is
unable to accurately forecast financial and operational
performance; and market and economic conditions may negatively
impact Codexis business, financial condition and share price.
Additional information about factors that could materially affect
actual results can be found in Codexis’ Annual Report on Form 10-K
filed with the Securities and Exchange Commission (“SEC”) on
February 28, 2024 and in Codexis’ Quarterly Report on Form 10-Q
filed with the SEC on October 31, 2024, including under the caption
“Risk Factors,” and in Codexis’ other periodic reports filed with
the SEC. Codexis expressly disclaims any intent or obligation to
update these forward-looking statements, except as required by
law.
For More Information
Investor ContactCarrie McKim(336)
608-9706ir@codexis.com
Media ContactLauren Musto(650)
421-8205media@codexis.com
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/d91e0c61-c7d9-42da-988e-c319b16f9fc0
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