Key Takeaways:
- Neogen® Corporation enters arrangement with enzyme design company Biomatter
- Collaboration will leverage Biomatter’s Intelligent Architecture™ platform and Neogen’s analytical expertise
- Goal is to create advanced enzyme-based products for food safety applications
- Partnership aims to improve detection, efficiency, and global food quality
- Leaders from both companies highlight potential to set new industry standards
Neogen®’s and Biomatter’s Collaboration Overview
Neogen® Corporation (NASDAQ: NEOG) has announced a new partnership with Biomatter, a company specializing in enzyme design. The arrangement combines Biomatter’s proprietary Intelligent Architecture™ platform with Neogen’s experience in analytical development and food safety technologies. The collaboration’s primary aim is to create novel enzyme-based products that can expand capabilities in food safety testing and risk mitigation.
Biomatter’s platform uses artificial intelligence and physical modeling to design enzymes with unique characteristics, broadening their potential applications in food safety.
Neogen®’s and Biomatter’s Industry Impact and Goals
According to Neogen’s Chief Scientific Officer, Dr. Jason Lilly, “By combining our leadership and innovation in food testing and risk mitigation with the company’s cutting-edge enzyme engineering capabilities, we’re unlocking new possibilities that can enhance detection, improve efficiency, and ultimately protect and enhance the quality and safety of the global food supply.”
Biomatter CEO Laurynas Karpus emphasized that “together, our teams aim to set new standards in the industry, making every step of the process more efficient, cost-effective, and ultimately more beneficial for the end user.”
Looking Ahead
The partnership between Neogen and Biomatter will focus on bringing new enzyme-based tools to market that can address evolving food safety challenges. Both companies see the initiative as an opportunity to set higher standards across the industry, benefiting producers, regulators, and consumers alike.
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