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Genomatica Files for IPO

7:35 AM MDT | August 25, 2011 | Rebecca Coons

Genomatica, a San Diego-based developer of sustainable chemicals, has filed with the SEC for an initial public offering (IPO) of up to $100 million. The number of shares offered and the price range of the offering have not been determined. Founded in 2000, the company has built momentum behind its 1,4-butanediol (BDO) production technology, signing joint venture deals with Mitsubishi Chemical and Novamont. Earlier this week the company announced its second commercial target will be biobased butadiene. Genomatica has intellectual property covering the production...

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