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Novozymes Opens Hyaluronic Acid Plant in China

6:19 AM MDT | May 9, 2012 | Deepti Ramesh

Novozymes says its Novozymes Biopharma business has begun commercial supply of hyaluronic acid from a previously announced new plant at Tianjin, China. The newly opened plant involved an investment of over DKK350 million ($61.4 million), and it supplies Novozymes Hyasis, a pharmaceutical-grade hyaluronic acid. The product targets medical device and pharmaceutical markets. “The market for pharmaceutical use of hyaluronic acid is estimated to be DKK1 billion,” says Thomas Videbæk, executive v.p. at Novozymes. “With regulations in the medical...

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