Amyris and Firmenich expand flavours and fragrances collaboration
Agreement made for next six years
Amyris, Inc., the renewable chemicals company, and Firmenich SA, the global flavours and fragrances company, are set to significantly expand their collaboration to develop and commercialise renewable ingredients in the flavours and fragrances (F&F) industry.
Under the new agreement, Firmenich will have exclusive access to Amyris’ technology platform, in return for significant funding over the next six years. Patrick Firmenich, Chief Executive Officer, said: “We are very pleased with the progress of our ongoing collaboration with Amyris, grounded in our vision to be the leaders in renewable ingredients for the flavour and fragrance market. This partnership leverages Firmenich’s world class biotechnology platform within the F&F industry, enabled by our leading team of molecular biologists and unique intellectual property, as well as our deep client intimacy and market understanding. Innovation and sustainability are critical pillars of our business model. Thanks to this expanded partnership, we look forward to consistently providing our clients with high quality, sustainable, and cost competitive ingredients.”
John Melo, Amyris President & Chief Executive Officer, added: “We are excited to expand our productive collaboration with Firmenich. The rapid pace of our targeted ingredient development so far confirms our ability to deliver a host of disruptive, competitive ingredients to our partners and underscores the strategic value of collaborations for Amyris.”
