Novozymes acquires Delta Biotechnology Ltd
Novozymes signed an agreement to acquire Delta Biotechnology Ltd from the sanofi-aventis group. The acquisition is subject to the usual official approvals and is expected to be finalised in the next one to three months. The parties have agreed not to disclose the purchase price.
Delta Biotechnology is a small technology-driven company involved in the research, development, production and sale of microbially produced recombinant proteins. Delta Biotechnology Ltd has 106 employees and a strong position in the market segment of recombinant human albumin, an ingredient used in the biopharmaceutical industry as replacement for human serum albumin.
The company's sales, which are primarily contract-based, amounted to around DKK 100 million in 2005 and have mainly been based on annual sales of Recombumin® for the formulation of biopharmaceutical products. The company also has in its pipeline projects for other quality grades of recombinant albumin and recombinant transferrin, which may be used as ingredients for cell culture media in the future. In addition Delta Biotechnology has developed a platform for producing recombinant proteins based on the Albufusion technology.
Novozymes is taking over Delta Biotechnology Ltd as part of its strategy of acquiring businesses which can strengthen its position and which use the same technology base as Novozymes. The acquisition will underpin the creation of a platform in ingredients for the biopharmaceutical industry. Novozymes already produces and develops ingredients for the biopharmaceutical industry.
Organizations
Other news from the department business & finance
These products might interest you

CHOventure Growth Medium by Capricorn Scientific
High-Yield Protein Production with CHO Cells for Biopharmaceutical Applications
Optimized for High-Density Cultures and Enhanced Protein Yields in CHO Cell Bioprocessing

HEK Media by Sartorius
Serum-free cell culture media for HEK cells
Optimised for HEK293 cells and viral vector production, ISO 9001 certified

Get the life science industry in your inbox
By submitting this form you agree that LUMITOS AG will send you the newsletter(s) selected above by email. Your data will not be passed on to third parties. Your data will be stored and processed in accordance with our data protection regulations. LUMITOS may contact you by email for the purpose of advertising or market and opinion surveys. You can revoke your consent at any time without giving reasons to LUMITOS AG, Ernst-Augustin-Str. 2, 12489 Berlin, Germany or by e-mail at revoke@lumitos.com with effect for the future. In addition, each email contains a link to unsubscribe from the corresponding newsletter.
Most read news
More news from our other portals
See the theme worlds for related content
Topic world Cell culture technology
Cell culture technology is a central pillar in biotechnological and pharmaceutical research and development. It enables the growth and maintenance of cells under controlled laboratory conditions, providing a window into the molecular and cellular processes of life.

Topic world Cell culture technology
Cell culture technology is a central pillar in biotechnological and pharmaceutical research and development. It enables the growth and maintenance of cells under controlled laboratory conditions, providing a window into the molecular and cellular processes of life.