regulatory
confidence high
sentiment positive
materiality 0.60
eXoZymes receives $2M NIH Phase IIB SBIR grant for cannabinoid analog drug discovery
EXOZYMES INC.
- NIH NIGMS Phase IIB SBIR grant of $2,028,518 to support development of rare cannabinoids and engineered analogs.
- Work on two-year grant begins July 1, 2026; total non-dilutive funding now ~$19.7M.
- Grant adds a second biosolution to eXoZymes' pipeline after NCT, targeting pharmaceutical partnerships.
- U.S. minor cannabinoids market forecast to grow from $11.5B (2023) to $33.3B (2030) at ~15% CAGR.