Zymergen Reports Preliminary First Quarter 2021 Financial Results
Zymergen Inc. (ZY)
Company Research
Source: GlobeNewswire
EMERYVILLE, Calif., May 24, 2021 (GLOBE NEWSWIRE) -- Zymergen Inc. (“Zymergen”), one of the world’s leading biofacturing companies, today reported preliminary financial results for the first quarter ended March 31, 2021. “I am so proud of our team for their continued execution across our organization,” says Josh Hoffman, Zymergen CEO. “With biofacturing, we are committed to transforming what is possible by partnering with nature to make better products in a better way. I am confident that we are well positioned to execute on our strategy to develop and sell superior products across multiple markets, this year and beyond.” Recent Highlights Completed initial public offering in April 2021, raising $575 million in gross proceedsStrengthened leadership by adding Aindrea Campbell as Chief Manufacturing Officer, a seasoned industry veteran who will be instrumental in the scaling of Zymergen’s production capabilities First Quarter 2021 Financial Results Total revenue was $3.
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