CARLSBAD, Calif., November 4, 2015 – Verdezyne, Inc., a privately-held industrial biotechnology company focused on producing renewable chemicals, announced its number 3 spot in the “Hot 40,” the annual ranking of the top small companies in the advanced bioeconomy from The Digest (also known as Biofuels Digest). A widely-cited ranking set, the Hot 40 list recognizes innovation and achievement in biobased chemicals and materials development.
“We are honored and delighted to be recognized as one of the top three small companies in the rapidly-developing bioeconomy,” commented E. William Radany, Ph.D., President and CEO of Verdezyne. “As our place on the list moves ever higher, we see it as clear recognition of our progress toward becoming a top global producer of renewable chemicals.”
The rankings are based 50 percent on votes from an invited panel of distinguished international selectors, and 50 percent on votes from The Digest subscribers. The announcement was made at ABLCNext2015, the Advanced Bioeconomy Leadership Conference, held November 2-4 in San Francisco, where Dr. Radany delivered a presentation on the company’s partnerships and ongoing commercialization of its biobased dodecanedioic acid (DDDA) program.
The Digest’s announcement about the Hot 40 is available here.
Verdezyne is an industrial biotechnology company offering biobased chemicals developed using proprietary metabolic pathway engineering tools. The company’s first product, BIOLON™ DDDA (biobased dodecanedioic acid or “DC12”), earned the USDA Certified Biobased Product label, and is available worldwide. Current investors in Verdezyne include BP Ventures, DSM Venturing B.V., OVP Venture Partners, Monitor Ventures, and Sime Darby. For more information, visit www.verdezyne.com or connect with the company on Twitter, LinkedIn or Facebook
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