Codexis IPO
Codexis is a leading enzyme engineering company that develops custom enzymes for pharmaceutical, food, and industrial applications using its proprietary CodeEvolver platform. The company's protein engineering capabilities have made it an attractive partner for major pharmaceutical companies seeking more efficient and sustainable manufacturing processes.
Key Facts
| Industry | Biotechnology |
| Founded | 2002 |
| Headquarters | Redwood City, CA |
| Employees | ~350 |
| Website | codexis.com |
| Funding | Public company (NASDAQ: CDXS) |
About Codexis
Codexis specializes in protein engineering using proprietary artificial intelligence and machine learning platforms to develop novel enzymes for pharmaceutical, food, and industrial applications. The company's CodeEvolver platform can rapidly optimize enzymes for specific manufacturing processes, reducing costs and environmental impact compared to traditional chemical synthesis. Codexis has established itself as a leader in biocatalysis, with partnerships across multiple industries seeking sustainable manufacturing alternatives.
The company operates through both product sales and licensing arrangements, generating revenue from enzyme sales and royalties from customer products. Major pharmaceutical companies rely on Codexis enzymes for drug manufacturing, while food and beverage companies use their solutions for more efficient production processes. The company's AI-driven approach to protein engineering has created competitive advantages in developing enzymes that perform better under industrial conditions than naturally occurring alternatives.
IPO Status
Codexis went public in April 2010, raising approximately $81 million in its IPO at $13 per share. The company trades on NASDAQ under the ticker symbol CDXS and has been public for over a decade. Since going public, Codexis has experienced significant stock price volatility, with shares ranging from single digits to over $40 depending on partnership announcements and financial performance. The company has built a strong portfolio of partnerships with major pharmaceutical companies and continues to expand its enzyme engineering platform for various industrial applications.
Competitors
Frequently Asked Questions
Does Codexis have a stock?
Yes, Codexis completed its IPO in April 2010 and has been publicly traded for over a decade. The company trades on NASDAQ under the ticker CDXS.
When is the Codexis IPO date?
Codexis already completed its IPO in April 2010. The company has been publicly traded on NASDAQ for more than 13 years.
How can I buy Codexis stock?
You can buy Codexis stock through any brokerage account as it trades publicly on NASDAQ under the ticker symbol CDXS. The stock is available for purchase during regular market hours and after-hours trading.
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