Evolva restructures as part of sales drive | September 4, 2017 Issue - Vol. 95 Issue 35 | Chemical & Engineering News
Volume 95 Issue 35 | p. 16 | Concentrates
Issue Date: September 4, 2017

Evolva restructures as part of sales drive

Department: Business
Keywords: Food ingredients, nutraceuticals, vanillin, resveratrol, stevia

The Swiss industrial biotech firm Evolva will reduce its workforce to 100 employees, from 178, to focus on commercializing its fermentation-derived food ingredients and increasing sales. The company makes food and nutraceutical ingredients including resveratrol, stevia, and vanillin via fermentation with modified microbes. Evolva named a new CEO in July; three other executives will step down by the end of the year. Evolva will also consolidate research activities at its headquarters in Reinach.

 
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