Please ensure Javascript is enabled for purposes of website accessibility
Home / Today's Top Stories / Genencor, Danisco ink partnership

Genencor, Danisco ink partnership

Genencor International Inc. today signed a four-year agreement with Danisco A/S, establishing itself as Danisco’s exclusive partner for the development of bioingredients for the food industry.
The agreement provides $20 million in funding for Genencor’s R&D efforts.
The biotechnology company hopes to become a leader in developing and supplying new bioingredients in the food market. Genencor will use its i-biotech system to create the products.
Danisco brings its application technology and global market reach to the alliance.
“The agreement demonstrates how we work with leading companies to leverage our successful technology platforms into new market areas for Genencor,” said Thomas Mitchell, chairman and CEO of Genencor.
Danisco is a leading global supplier of food ingredients. The bioingredients area is one of its fastest growing business segments.
Genencor (NASDAQ: GCOR) uses an integrated technology to develop and deliver products into the health care, agriculture and industrial chemicals markets.

Genencor, Danisco ink partnership

Genencor International Inc. today signed a four-year agreement with Danisco A/S, establishing itself as Danisco’s exclusive partner for the development of bioingredients for the food industry. The agreement provides $20 million in funding for Genencor’s R&D efforts. The biotechnology company hopes to become a leader in developing and supplying new bioingredients in the food market.

x

Check Also

Forecast for 2023: Expected recession may be swifter, softer than feared (access required)

As we say goodbye to November — another month when the U.S. Federal Reserve raised interest rates by three-quarters of ...

So much more than a store: Growth of Goodwill & employees at heart of it all (access required)

This year has been exciting for us at Goodwill of the Finger Lakes. We’ve seen a significant trajectory of growth ...

NextCorps’ Embark Accelerator positions Rochester as no-code software development hub (access required)

In its first year, Nextcorps’ Embark — a business accelerator program that fosters the startup of viable software companies — ...

Best Places to Work For DEI honorees announced (access required)

The Rochester Business Journal has announced the honorees for the inaugural Best Places to Work For DEI awards. This regional ...

SBEW logo

Small business hiring and worker wages hold steady in November, survey shows  (access required)

The rate of job growth and hourly earnings growth held relatively steady at U.S. small businesses in November, according to ...

FLCC expands network of community education sites (access required)

The Waterloo Community Center at 3 Oak St. will join the Macedon Public Library, Clifton Springs Library and other sites ...

College football’s gluttonous bowl schedule about to begin, perhaps sans numerous stars

Tis the season to be jolly — and bowled over by college football bowl games. Forty-one are scheduled for December ...