Avoca signs astaxanthin agreement with Synthetic Genomics
date:Jun 25, 2014
developing this product through its Genovia Bio business unit, which is responsible for the development and commercialisation of algal-based food, chemical and fuel products. Financial details were not disclosed.

This agreement will make us one of just a handful of vertically integrated, domestic producers of astaxanthin, with SGI providing sufficient algae biomass to ensure our customers of a consistent supply from U.S. sources, said David Peele, president of Avoca,. Using their proprietary te
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