Amyris Signs An Exclusive License Agreement With British Specialty Chemicals Company Croda International Plc., For Supply Of Sustainable Squalene
Portfolio Pulse from Happy Mohamed
Amyris has signed an exclusive license agreement with Croda International for the supply of sustainable squalene. Under the agreement, Amyris will manufacture and supply squalene to Croda, who will market, distribute, and sell it for use in human and veterinary vaccines, drug delivery systems, and nucleic acid delivery systems.

May 19, 2023 | 12:06 pm
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Amyris signed an exclusive license agreement with Croda International for the supply of sustainable squalene, which could lead to increased revenue and market share.
The partnership with Croda International will allow Amyris to expand its market reach and increase access to its sustainable squalene. This could lead to increased revenue and market share for Amyris, as it will receive a share of profits generated from the sale of squalene excipients and formulated products incorporating its squalene technology for use in the vaccine field. Additionally, Amyris will receive an upfront payment of $4 million and a future performance-based milestone payment of $4 million.
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