June 29, 2011

 

Novus and Verenium announce partnership to expand animal nutrition enzymes

 

Press Release

 

 

Novus International, Inc. and Verenium Corporation announced a strategic collaboration to expand enzyme solutions available to nutritionists, producers, and others who seek to optimize nutrition in livestock and companion animals.

 

"Our partnership with Verenium will allow us to work together to develop and commercialize a suite of new enzyme products for the global animal nutrition and health market," said Thad Simons, President and Chief Executive Officer of Novus International. "These new enzyme products will give us the ability to offer new solutions to the performance challenges our customers face."

 

"The enzyme business is perfectly aligned with Novus's mission to make a clear difference in sustainably meeting the growing global demand for animal nutrition," said Gary Hayen, Novus Global Business Director, Fermentation Products Business. "This partnership brings together the synergy of both the biotechnology and animal nutrition fields. We really believe we've only started to scratch the surface of the industry's demand for enzymes and are excited to provide innovative solutions, powered by Verenium, to meet the market's needs."

 

"Verenium's approach to product development is very innovative and based on the highest standards of science," added Simons. "This partnership is a natural alignment and we expect to deliver great results to our industry by working together."

 

"We are extremely enthusiastic about our partnership with Novus, the potential opportunity it represents for the continued development of our pipeline, and for Verenium to become a more active participant in the animal health and nutrition marketplace with our suite of high-performance enzyme products," said James Levine, President and Chief Executive Officer at Verenium. "Novus brings world-class leadership and experience launching products in this market, and with our combined skills, we look forward to working closely as partners to commercialize a series of market-leading products over the coming years."

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