IHS Chemical Week

People & Business :: Emerging Companies

US technology firm becomes sole owner of biobased chemical start-up

2:26 PM MST | January 8, 2014 | Francinia Protti-Alvarez

Cibus Global (San Diego), a technology firm, has acquired the remaining interest in Nucelis (San Diego) for an undisclosed amount, Cibus has announced. Nucelis, established as an independent entity in 2010, will become an independent operating unit of Cibus. The company will continue to be the exclusive licensee to Cibus’s Rapid Trait Development System (RTDS) technology in its key product areas of fermentation and biobased chemicals, Cibus says. “Cibus’s acquisition of the outstanding equity in Nucelis consolidates the innovative capabilities...

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