{"id":62818,"date":"2019-05-06T07:20:43","date_gmt":"2019-05-06T05:20:43","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=62818"},"modified":"2019-04-30T13:08:07","modified_gmt":"2019-04-30T11:08:07","slug":"chinese-chemical-firm-invests-e5-5m-in-danish-biotech-start-up-to-develop-new-biochemicals","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/chinese-chemical-firm-invests-e5-5m-in-danish-biotech-start-up-to-develop-new-biochemicals\/","title":{"rendered":"Chinese chemical firm invests \u20ac5.5m in Danish biotech start-up to develop new biochemicals"},"content":{"rendered":"<p>Chinese chemical company Zhejiang NHU has invested \u20ac5.5 million in Danish biotech company CysBio to develop novel and affordable biochemicals. CysBio is producing its biochemicals through what it calls a sustainable fermentation process.<\/p>\n<p>Through advanced synthetic biology and metabolic engineering approaches microorganisms are engineered to convert simple sugars into desired biochemical products. This makes it possible to produce expensive chemicals at very attractive cost levels, according to CysBio. It also enables the production of novel or rare biochemicals.<\/p>\n<p>The products will have applications in a variety of areas such as food, feed, nutrition, pharma, cosmetics and polymer industries.<\/p>\n<div class=\"BorlabsCookie _brlbs-cb-youtube\">\n<div class=\"_brlbs-content-blocker\">\n<div class=\"_brlbs-embed _brlbs-video-youtube\"> <img decoding=\"async\" class=\"_brlbs-thumbnail\" src=\"https:\/\/renewable-carbon.eu\/news\/wp-content\/plugins\/borlabs-cookie\/assets\/images\/cb-no-thumbnail.png\" alt=\"YouTube\"> <\/p>\n<div class=\"_brlbs-caption\">\n<p>By loading the video, you agree to YouTube&#8217;s privacy policy.<br \/><a href=\"https:\/\/policies.google.com\/privacy?hl=en&amp;gl=en\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Learn more<\/a><\/p>\n<p><a class=\"_brlbs-btn _brlbs-icon-play-white\" href=\"#\" data-borlabs-cookie-unblock role=\"button\">Load video<\/a><\/p>\n<p><label><input type=\"checkbox\" name=\"unblockAll\" value=\"1\" checked> <small>Always unblock YouTube<\/small><\/label><\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div class=\"borlabs-hide\" data-borlabs-cookie-type=\"content-blocker\" data-borlabs-cookie-id=\"youtube\"><script type=\"text\/template\">PGlmcmFtZSB0aXRsZT0iTWljaGFlbCBLcm9naCBKZW5zZW4gLSBTeW50aGV0aWMgQmlvbG9neSBUb29scyBmb3IgWWVhc3QiIHdpZHRoPSI1MDAiIGhlaWdodD0iMjgxIiBzcmM9Imh0dHBzOi8vd3d3LnlvdXR1YmUtbm9jb29raWUuY29tL2VtYmVkL0lwZDVQNTJsSHR3P2ZlYXR1cmU9b2VtYmVkIiBmcmFtZWJvcmRlcj0iMCIgYWxsb3c9ImFjY2VsZXJvbWV0ZXI7IGF1dG9wbGF5OyBjbGlwYm9hcmQtd3JpdGU7IGVuY3J5cHRlZC1tZWRpYTsgZ3lyb3Njb3BlOyBwaWN0dXJlLWluLXBpY3R1cmU7IHdlYi1zaGFyZSIgcmVmZXJyZXJwb2xpY3k9InN0cmljdC1vcmlnaW4td2hlbi1jcm9zcy1vcmlnaW4iIGFsbG93ZnVsbHNjcmVlbj48L2lmcmFtZT4=<\/script><\/div>\n<\/div>\n<p>&nbsp;<br \/>\n\u201cOur technologies enable CysBio to create some of the cheapest biochemicals available, as well as some very exciting new products with novel applications as functional chemical building blocks,\u201d said Alex Toftgaard Nielsen, CSO and co-founder of CysBio and Professor at the Novo Nordisk Foundation Center for Biosustainability (DTU), which is based at the Technical University of Denmark.<\/p>\n<p>According to the DTU (@DTUtweet), its research has made it possible to modify and engineer the bacteria\u2019s metabolism, thus, making them able to produce specific amino acids and sulphated biochemicals.<\/p>\n<p>\u201cThis investment from NHU\u00a0(@NHUcompany) demonstrates how DTU\u2019s innovation eco-system has successfully assisted in translating academic research into a privately funded spin-out company with a strong technology platform,\u201d explained Marianne Thellersen, Senior Vice President for Innovation and Entrepreneurship at DTU.<\/p>\n<p>According to the DTU, the technology platform paves the way for producing compounds used for new polymer materials with new functionalities such as conductivity and adhesiveness.<\/p>\n<p>\u2018Greener alternatives\u2019<br \/>\nCysBio is also producing an alternative to chemically-produced pesticides to prevent the growth of bacteria and fungus on surfaces of various kinds. CysBio said it expected to \u201cproduce greener alternatives that can replace the use of harsh chemicals in many different market segments\u201d.<\/p>\n<p>\u201cWe aim at becoming a leading provider of functional biochemical monomers and the partnership with a leading company like Zhejiang NHU will allow a fast market introduction of parts of this technology,\u201d said Henrik Meyer, CEO and co-founder of CysBio.<\/p>\n<p>He added: \u201cOur strategy will clearly be to enable our technologies to be exploited quickly and effectively through R&amp;D and commercial partnerships.\u201d<\/p>\n<p>The Danish biotechnology company plans to get its first products on the market at the beginning of 2020.<\/p>\n<p>According to the DTU, some of the key targets for the proprietary sulfation technology will be methods for improving the solubility and bioavailability\u00a0(the proportion of a drug or other substance which enters the circulation when introduced into the body and so is able to have an active effect) of some existing drugs and nutraceuticals, thereby increasing the efficacy of the drugs.<\/p>\n<p>\u201cThis will help in solving the problem of developing new pharmaceuticals, so we also see great potential in collaborating closely with partners in the pharma industry,\u201d said Toftgaard Nielsen.<\/p>\n<p>For the stock-listed Chinese chemical company Zhejiang NHU, with global operations and subsidiaries in Europe, the seed investment in CysBio also opens up for exploring new opportunities in the market.<\/p>\n<p>\u201cWe strongly believe the future of biotechnology,\u201d said Bai Fan Hu, Chairman of Zhejiang NHU. \u201cWe have great strategic interests in expanding our biotechnology-based product portfolio by partnering with biotechnology companies. We look forward to assisting CysBio in their growth and further product development.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese chemical company Zhejiang NHU has invested \u20ac5.5 million in Danish biotech company CysBio to develop novel and affordable biochemicals. CysBio is producing its biochemicals through what it calls a sustainable fermentation process. Through advanced synthetic biology and metabolic engineering approaches microorganisms are engineered to convert simple sugars into desired biochemical products. This makes it [&#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":[6843,5796,10408],"supplier":[15716,14241,11306,15717],"class_list":["post-62818","post","type-post","status-publish","format-standard","hentry","category-bio-based","tag-biochemicals","tag-biotechnology","tag-greenchemistry","supplier-cysbio","supplier-novo-nordisk-foundation-center","supplier-technical-university-of-denmark-dtu","supplier-zhejiang-nhu"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/62818","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=62818"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/62818\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=62818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=62818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=62818"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=62818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}