Evolva Holding SA has expanded its collaboration with International Flavors & Fragrances Inc. one of the world’s leading creators and manufacturers of flavours and fragrances for consumer products.
Evolva has been working with IFF since early 2011 to implement a commercially viable biosynthetic route for the sustainable production of a key flavouring ingredient. This project is progressing on schedule. The collaboration is now expanded to include an additional flavouring ingredient.
Under the four year agreement, IFF will fund research and development activities at Evolva, focused primarily on pathway discovery and yield stages of the programme through the scale-up and manufacturing phases. Evolva will receive an upfront payment as well as monthly research fees. Furthermore, Evolva will receive royalty on product sales based on both margin and volume.