{"id":31534,"date":"2016-01-18T07:26:59","date_gmt":"2016-01-18T06:26:59","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=31534"},"modified":"2016-01-16T12:32:53","modified_gmt":"2016-01-16T11:32:53","slug":"bioamber-and-reverdia-sign-a-non-assert-agreement-concerning-reverdias-biosuccinium-technology","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/bioamber-and-reverdia-sign-a-non-assert-agreement-concerning-reverdias-biosuccinium-technology\/","title":{"rendered":"BioAmber and Reverdia Sign A Non-Assert Agreement Concerning Reverdia\u2019s Biosuccinium\u2122 Technology"},"content":{"rendered":"<p><strong>Reverdia has signed a non-assert agreement concerning its Biosuccinium\u2122 technology with BioAmber Inc. BioAmber Inc. and Reverdia are both involved in the production and commercialization of bio-based succinic acid using their own unique proprietary yeast-based technologies.<\/strong><\/p>\n<p>Pursuant to the key provisions of this agreement, BioAmber will benefit from non-assertion covenants with respect to certain intellectual property rights of Reverdia in the field of bio-based succinic acid, in exchange for undisclosed financial consideration. Furthermore, the agreement provides comfort to both BioAmber and Reverdia to continue the implementation of their respective businesses using their own unique, proprietary yeast-based technologies.<\/p>\n<p>\u201cIn today\u2019s increasingly complex intellectual property environment, the conclusion of this agreement illustrates how two proactive companies operating in the same field can find a constructive solution that allows them to focus on the execution of their respective business plans rather than seeking confrontation and conflict,\u201d said JF Huc, BioAmber\u2019s Chief Executive Officer. \u201cIt allows BioAmber to eliminate the risk of litigation and uncertainty at a predictable cost,\u201d he added.<\/p>\n<p>\u201dThis Agreement demonstrates that Reverdia\u2019s Biosuccinium<sup>TM<\/sup> low pH yeast technology is a leading technology in the field of bio-based succinic acid and that by working with partners in the industry, we will speed up the adoption of bio-based materials and validate bio-based succinic acid as a key building block for the bio-based economy,\u201d said Marcel Lubben, Reverdia\u2019s President. \u201cIt is our belief that the yeast-based technologies have a significant competitive advantage over bacterial-based technologies for the production of bio-based succinic acid,\u201d he added.<\/p>\n<p>Both Marcel Lubben and Jean-Francois Huc believe that the market for succinic acid will benefit from having strong players able to deliver on the rapidly growing demand in bio-plastics, polyurethanes, solvents, coatings and other applications.<\/p>\n<p>&nbsp;<\/p>\n<h3>About BioAmber<\/h3>\n<p>BioAmber is a renewable materials company. Its innovative technology platform combines biotechnology and catalysis to convert renewable feedstock into building block materials that are used in a wide variety of everyday products including plastics, paints, textiles, food additives and personal care products.<\/p>\n<h3>About Reverdia<\/h3>\n<p>Reverdia is the joint venture between Royal DSM, the global Life Sciences and Materials Sciences company, and Roquette Fr\u00e8res, the global starch and starch-derivatives company. Reverdia takes a leadership position and leverages the expertise and experience of DSM and Roquette to produce, market and license Biosuccinium\u2122.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reverdia has signed a non-assert agreement concerning its Biosuccinium\u2122 technology with BioAmber Inc. BioAmber Inc. and Reverdia are both involved in the production and commercialization of bio-based succinic acid using their own unique proprietary yeast-based technologies. Pursuant to the key provisions of this agreement, BioAmber will benefit from non-assertion covenants with respect to certain intellectual [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"","nova_meta_subtitle":"","footnotes":""},"categories":[5572],"tags":[6843,5838,5847],"supplier":[1180,3364],"class_list":["post-31534","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biochemicals","tag-bioeconomy","tag-bioplastics","supplier-bioamber-inc","supplier-reverdia"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/31534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=31534"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/31534\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=31534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=31534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=31534"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=31534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}