Sunday, March 4, 2012

Novozymes Targets Pharma Sector.(pharmaceutical sector)(Brief Article)(Statistical Data Included)

NOVOZYMES SAYS IT WILL TARGET NEW MARKETS TO OFFSET SLOW growth in its industrial enzymes for the detergent and textile industries. The company says it plans to start production of antimicrobial compounds used in pharmaceutical, agriculture, and food markets, as well as enter into partnership agreements with one or more companies to develop antimicrobials.

Novozymes is seeking contract manufacturing deals with pharmaceutical companies. It has entered into an agreement with Hyalose (Austin, TX) to produce hyaluronic acid and derivatives for Hyalose, Novozymes says. It is also seeking deals for the contract fermentation of mammalian cells. These moves, as well as …

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