Novonesis Group has signed an agreement with TurtleTree—an expert in precision-fermented ingredients and the first to receive a US GRAS “No Objection Letter” for its fermented lactoferrin LF+—to advance commercialization of fermented lactoferrin. Novonesis is also making a minor investment in TurtleTree, joined by 321Catalyst Ventures, the corporate venture arm of Mitsui Chemicals.
Novonesis Group (Lyngby, Denmark) announced an agreement with TurtleTree, an expert in precision fermented ingredients, and the first company to receive a US GRAS “No Objection Letter” for its precision fermented lactoferrin LF+®. Simultaneously, Novonesis is making a minor investment into TurtleTree. 321Catalyst Ventures, the CVC-arm of Mitsui Chemicals, Inc. (HQ: Tokyo) joins the investment. […]
The post Commercialization of fermented lactoferrin takes a major step forward appeared first on Chemical Engineering.
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