Navigation Links
Verdezyne Awarded BioNexus Status By Malaysian Government
Date:9/24/2013

SAN FRANCISCO, Sept. 24, 2013 /PRNewswire/ -- Verdezyne, Inc., a privately-held industrial biotechnology company focused on producing renewable chemicals, has been awarded "BioNexus" status by Malaysian Biotechnology Corporation (BiotechCorp), it was announced today at the Biotechnology International Advisory Panel (BioIAP) meeting in San Francisco, California.  BiotechCorp is an agency under the purview of the Malaysian Ministry of Science, Technology and Innovation (MOSTI). As part of its collaboration with BiotechCorp, Verdezyne expects to open a bio-based chemical production facility in Malaysia, in which Verdezyne will make a significant investment.

BioNexus status is awarded to qualified companies undertaking value-added biotechnology and/or life sciences activities in Malaysia, and includes fiscal incentives, grants and other guarantees to assist growth. Verdezyne was awarded BioNexus status by the Prime Minister of  Malaysia, The Right Honourable Dato' Sri Mohd Najib Bin Tun Haji Abdul Razak at a special announcement ceremony during the BioIAP meeting.

"We are honored to receive BioNexus Status from Malaysian BiotechCorp," commented E. William Radany, PhD, President and CEO of Verdezyne. "This status confers a wide array of support and assistance which will accelerate our goal of beginning construction of our first plant to produce renewable chemicals from vegetable oil feedstocks."

About Verdezyne
Verdezyne is an industrial biotechnology company using proven and proprietary metabolic pathway engineering tools to develop unique yeast strains for cost-effective production of bio-based chemicals. Current investors in Verdezyne include BP Alternative Energy Ventures, DSM Venturing B.V., OVP Venture Partners and Monitor Ventures. For more information, visit www.verdezyne.com.

 


'/>"/>
SOURCE Verdezyne, Inc.
Copyright©2012 PR Newswire.
All rights reserved

Related biology news :

1. CSHL is part of iPlant group awarded $50 million to create US biology cyberinfrastructure
2. FPC Awarded new Smartphone DW From Existing Prominent Asian OEM Customer for Launch With Leading US Operator
3. Grand Challenge grant awarded to team led by Nationwide Childrens researcher
4. 4 projects awarded Discovery Transformation Grant funding by Minnesota Partnership
5. Professor Vanessa Hayes awarded for exceptional Africa-related work
6. MIIR scientist awarded $293,000 NIH grant
7. HudsonAlpha awarded grant to improve diagnoses of childhood genetic disorders
8. LSUHSC researcher awarded NCI grant to study link between chronic inflammation and cancer
9. Kessler Foundation awarded more than $1.2 million in grants by the NJ Commission on Sci Research
10. Patent awarded today to NJIT for novel use of water jets to create high tensile strength alloy parts
11. Vijay Tiwari awarded the Bruno Speck Award 2013
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:2/10/2016)... PUNE, India , February 10, 2016 ... --> According to 2016 iris ... fingerprint identification iris recognition is more widely ... are available with both fingerprint and iris ... allows the user to avoid purchasing two ...
(Date:2/5/2016)... DUBLIN , Feb. 5, 2016 /PRNewswire/ ... the addition of the "Global Facial ... offering. --> http://www.researchandmarkets.com/research/5kvw8m/global_facial ) has ... Facial Recognition Market 2016-2020" report to ... Markets ( http://www.researchandmarkets.com/research/5kvw8m/global_facial ) has announced the ...
(Date:2/3/2016)... LIVERMORE, Calif. , Feb. 3, 2016 ... Police Department in Missouri ... of license plate reader (LPR) data from Vigilant Solutions. ... a hit-and-run case in which the victim was walking out ... a parking space next to his vehicle, striking his ...
Breaking Biology News(10 mins):
(Date:2/10/2016)...  The Maryland House of Delegates and House Speaker ... of Maryland School of Medicine Dean E. Albert ... Medical System President and CEO Robert Chrencik , ... honor given to the public by the leader of ... and Mr. Chrencik for their contributions to our ...
(Date:2/10/2016)... (PRWEB) , ... February 10, ... ... REGN) today announced that it has joined the Human Vaccines Project, a ... infectious diseases and cancer. , The Human Vaccines Project brings together ...
(Date:2/10/2016)... 2016  Matchbook, Inc., a company specializing in ... companies, announced today the appointment of Jim ... brings nearly 25 years of experience in supply ... nearly two decades in executive level roles as ... Genzyme and, most recently headed global logistics and ...
(Date:2/10/2016)... ... February 10, 2016 , ... LATHAM, NEW YORK... Marktech Optoelectronics ... Photonics West conference in San Francisco’s Moscone Center from February 16-18, 2016, and ... , These latest InGaAs PIN diode standard packages feature a TO-46 metal can ...
Breaking Biology Technology: