Volume 89 Issue 27 | p. 13 | Concentrates
Issue Date: July 4, 2011

Verenium, Novus Join For Animal Enzymes

Department: Business
Keywords: enzymes, animal health, agriculture
[+]Enlarge
Enzymes help pets digest food.
Credit: Shutterstock
Companion animals to benefit from new food enzymes
 
Enzymes help pets digest food.
Credit: Shutterstock

Verenium and Novus International, a manufacturer of animal and human nutrition products, will jointly develop and commercialize Verenium’s enzymes for animal nutrition and health. Verenium will receive $2.5 million in license payments up front and an equal amount after commercialization of the cobranded products. Enzymes are used to help animals digest and absorb the nutrients in grains and protein meals. The products will be designed for the poultry, swine, beef, dairy, aquaculture, and pet markets. Demand for animal health enzymes is expected to reach $720 million by 2015, according to the two companies.

 
Chemical & Engineering News
ISSN 0009-2347
Copyright © American Chemical Society

Leave A Comment

*Required to comment