Issue Date: March 30, 2009
Green Chemistry Pact Set In France
Protéus, a French industrial biotech company, has signed a research agreement with Agro Industrie Recherches et Développements, an R&D center for French agro industry groups that together have annual revenues of more than $4 billion. The partners will work to improve the bioproduction of industrially useful natural-origin molecules in an economically competitive and environmentally benign way. Protéus will receive research funding and milestone payments from ARD.
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