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Business
Novozymes gets Delta Biotech
June 19, 2006
| A version of this story appeared in
Volume 84, Issue 25
Danish enzymes giant Novozymes has agreed to purchase Delta Biotechnology, a subsidiary of Sanofi-Aventis, for an undisclosed sum. Nottingham, England-based Delta specializes in producing microbially produced recombinant proteins. Its sales of roughly $17 million in 2005 were primarily driven by demand for Recombumin, a yeast-derived alternative to human serum albumin. Novozymes says Delta complements its existing efforts in biopharmaceutical ingredients.
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