January 11, 2011

DuPont expands industrial biotech biz

2011 seems to be starting with a big bang for industrial biotech after hearing two acquisitions activities worth billions of dollars within a month.

After DSM's announcement of its $1.09bn acquisition of Martek late December, DuPont announced yesterday its $6.3bn acquisition of food ingredients company Danisco, which has big enzymes and burgeoning biofuels/biomaterials businesses.

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