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Business

Fragrance Developer Wins Venture Funds

December 10, 2007 | A version of this story appeared in Volume 85, Issue 50

Allylix, a developer of flavors and fragrances made via fermentation, has secured $3.35 million in financing from investors including Tech Coast Angels, Life Science Angels, and the venture capital arm of food ingredient producer Tate & Lyle. Allylix says it plans to use the funds to launch its first three products. One of them is nootkatone (shown), a sesquiterpene currently extracted from grapefruit peels.

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