Synthetic biology firms pivot from biofuels to food, lotions
Firms such as Sapphire and Amyris that hoped to score success as biofuel producers “are turning hard—or ‘pivoting,’ in Silicon Valley tech-ese—to products that sell for much more than $2.49 a gallon,” says Newsweek in a story on the perils and promise of synthetic biology. The 2008-09 recession, followed by weakening petroleum prices, “took much of the… » Read More
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