Codexis product revenue up 227% over last year

This post was originally published on this site In California, Codexis, Inc., a leading enzyme engineering company reported record product revenue of $14.7M, up 227% YOY, that drove their product gross margin to a new high of 71%. Product revenues were primarily driven by the sale of enzymes used to manufacture branded pharmaceutical products. “Codexis had an extraordinarily strong second … Read More

Brookhaven National Laboratory researchers ID enzyme to create major chemical from polar trees

This post was originally published on this site In New York state, scientists from Brookhaven National Laboratory studying the biochemistry of plant cell walls have identified an enzyme that could turn woody poplar trees into a source for producing a major industrial chemical. The research, just published in Nature Plants, could lead to a new sustainable pathway for making “p-hydroxybenzoic … Read More

Catalyzing the conversion of biomass to biofuel

This post was originally published on this site In Germany, Technical University of Munich researchers found that water in zeolites saves energy in the conversion of biomass into biofuel by taking a closer look at the role of water molecules in reactions inside zeolite’s pores, which are less than one nanometer in size. “If we are to do without fossil … Read More

Codexis raises 2021 guidance following huge new order for proprietary enzyme

This post was originally published on this site In California, enzyme engineering company, Codexis, is raising its guidance for 2021, following the receipt of a binding purchase order for up to $13.9 million of a proprietary high performance enzyme product from an undisclosed global pharmaceutical company. The majority of this order was not included in Codexis’ prior guidance for 2021; … Read More

SUSU student creates a catalyst for biofuel production

This post was originally published on this site In Russia, a winner of the UMNIK competition, student of the SUSU Institute of Natural Sciences and Mathematics is working on a fundamentally new catalyst that will help to produce cheap biodiesel fuel from waste food raw materials. This type of fuel can be used for cars and other vehicles with diesel … Read More

Codexis total revenue up 23%, product revenue doubles year over year

This post was originally published on this site In California, enzyme engineering company Codexis reported total revenues for Q1 2021 at $18.0 million, an increase of 23% from $14.7 million in Q1 2020. On a segment basis, $14.2 million in revenue was from the Performance Enzymes segment and $3.8 million was from Novel Biotherapeutics. Product revenues increased 101% to $10.2 … Read More

New technoeconomic analysis calculator takes guesswork out of bioprocess development

This post was originally published on this site In North Carolina, DMC CTO and Co-Founder Mike Lynch launched a web-based calculator to assess the economic feasibility of products made from fermentation. The Bioprocess Technoeconomic Analysis (TEA) tool will help users – academics, startups, funding agencies, R&D team, and investors – make commercially relevant decisions about technology development and deployment. The … Read More

USask awarded $3.2M towards first-in-Canada engineering biology center for ag innovation

This post was originally published on this site In Canada, the Canada Foundation for Innovation will invest $3.2 million in a unique biomanufacturing facility at the University of Saskatchewan that will use cutting-edge “engineering biology” technologies to accelerate agri-food innovation and help address food security needs, including canola varieties as meat and non-animal enzyme alternatives. Developing canola varieties more resistant … Read More