 | |  |
Codon Devices and Algenol Biofuels Announce Partnership for Development of Biofuels from Algae
CAMBRIDGE, Mass. & NAPLES, Fla.--(BUSINESS WIRE)--Codon Devices and Algenol Biofuels announced today that the companies have entered into a multi-year partnership utilizing Codon’s proprietary BioLOGIC™ protein engineering platform.
“We are very excited to work with the Algenol team. The marriage of our scientific capabilities and Algenol’s biofuel technology platform brings us closer to the day when environmentally-friendly biofuels are an everyday reality,” said Brian M. Baynes, Ph.D., President of Codon Devices.
“Codon’s technology provides us a unique and rapid route to refine and evaluate potential components for ethanol production,” said Paul Woods, Chief Executive Officer of Algenol Biofuels.
Codon Devices, Inc., based in Cambridge, MA, is a privately-held biotechnology company focused on enabling commercial applications of synthetic biology. The company uses proprietary design and construction methods to rapidly engineer biological components such as enzymes, biopharmaceuticals and cell lines for improved function. These methods reduce the risk and time associated with bioproduct development, creating significant value for our partners in the industrial biotechnology, pharmaceutical, and agriculture sectors. More information about Codon Devices is available at www.codondevices.com.
Algenol Biofuels is a privately held, industrial biotechnology company using cyanobacteria (blue green algae), natural selection, environmental selection, and the tools of molecular biology to produce low cost and environmentally safe ethanol. Algenol has the most advanced 3rd generation biofuels technology producing ethanol from algae through a process powered by the sun. The Company has developed a patented process for linking, inside an individual prokaryotic cell, the Calvin cycle with the enzymes required to make ethanol from simple carbohydrates. Algenol’s DIRECT TO ETHANOL™ technology uses proprietary algae and production systems to convert large quantities of carbon dioxide directly into ethanol. More information about Algenol Biofuels is available at www.algenolbiofuels.com.
Yates Public Relations
Adriana Jenkins, 617-744-1713
| | |
