Evolva in collaboration with Roquette
Evolva Holding SA announced the signing of an agreement with Roquette Frères SA for joint research and development of novel and optimised biosynthetic production routes for an ingredient with important applications in food products.
The collaboration will run for up to 4.5 years and involve c. 7% of Evolva’s R&D headcount. The work will include the application of Evolva’s technology to improve fermentation routes, strain improvement and pilot scale-up.
Roquette will pay Evolva an upfront technology access fee as well as research fees during the project period. In addition, Evolva may receive milestone payments based on the extent to which certain research and commercial objectives are reached, plus potential payments based on the value created by the project. The total of technology access and milestone payments will be a single-digit CHF million amount.
Pascal Longchamp, Chief Business Officer of Evolva, said “This collaboration further validates the capability of our technology platform to impact multiple industries, and we are looking forward to working with Roquette. We share with Roquette core values in the development of sustainable processes from natural and renewable resources and we are pleased to team up with a company dedicated to exploring innovative solutions for their customers.”
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