Novozymes to boost R&D in bioagriculture, biofuel race
Novozymes, the world’s largest industrial enzymes maker, will increase research and development spending on products aimed at boosting sales to the agriculture and biofuel industries, the company’s next chief said. Novozymes now has 10 percent of the $1 billion global bioagriculture market, selling microorganisms that improve crop yields or act like pesticides, according to Peder Holk Nielsen, who on April 1 takes the job of chief executive officer from retiring Steen Riisgaard. “The way to get more is to understand how microorganisms interact with plants and signal to each other,” Holk Nielsen told Bloomberg in an interview at the...
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