Diversa Corporation Announces FDA GRAS Approval of Its Purifine(TM) Enzyme
2006年12月20日 - 6:35AM
PRニュース・ワイアー (英語)
Novel Enzyme Increases Oilseed Processing Efficiency for Biodiesel
Fuel and Edible Oil Production SAN DIEGO, Dec. 19
/PRNewswire-FirstCall/ -- Diversa Corporation (NASDAQ:DVSA), a
leader in the development of high-performance specialty enzymes,
today announced that its Purifine(TM) enzyme has obtained GRAS
(Generally Recognized As Safe) approval from the U.S. Food and Drug
Administration (FDA) for edible oil applications. This
food-application approval follows the September 28th approval by
the Environmental Protection Agency (EPA) for non-food
applications, including the use of Purifine enzyme for increasing
the efficiency of oilseed processing for the production of
biodiesel fuel. Purifine enzyme facilitates a novel degumming
process designed to increase the oil yield and reduce low-value
byproducts by removing oil phospholipids in the oil refining
process. The total yield increase is expected to vary between 1-2%,
depending on the phospholipid content of the crude vegetable oil.
The enzyme has been developed to be compatible with current
processing technologies, and, therefore, minimal capital investment
is anticipated to be required to obtain the significant yield
benefits that can be achieved with Purifine enzyme. "The FDA GRAS
approval has come earlier than anticipated and will allow us to
accelerate the full commercial launch of Purifine enzyme," said
Edward T. Shonsey, Diversa's Chief Executive Officer. "We now have
the flexibility to initiate full-scale trials in oilseed plants in
the U.S. that refine vegetable oil for either food or biofuel
applications, or both, greatly increasing the number of plants that
can potentially adopt our improved enzymatic degumming process."
The oilseed processing market is highly concentrated and dominated
by three major players. Diversa intends to market Purifine enzyme
directly to these leading oilseed processors. Diversa will
manufacture Purifine enzyme under its agreement with Fermic S.A. de
C.V. According to the 2006 Soya and Oilseed Bluebook, the estimated
worldwide production of high phosphorus oils (soybean, canola,
sunflower) will be more than 58 million metric tons in 2006.
Diversa estimates the addressable market for Purifine enzyme within
the global oilseed processing market to be approximately $200
million annually. About Diversa Since 1994, San Diego-based Diversa
Corporation has pioneered the development of high-performance
specialty enzymes. The Company possesses the world's broadest array
of enzymes derived from bio-diverse environments as well as
patented DirectEvolution(R) technologies. Diversa customizes
enzymes for manufacturers within the alternative fuel, industrial,
and health and nutrition markets to enable higher throughput, lower
costs, and improved environmental outcomes. For more information,
please visit http://www.diversa.com/. Forward-Looking Statements
Statements in this press release that are not strictly historical
are "forward-looking" and involve a high degree of risk and
uncertainty. These include statements related to the actual results
Purifine enzyme may produce, statements related to Diversa's
ability to manufacture and commercialize Purifine enzyme, and
statements related to the addressable market of Purifine enzyme for
the global oilseed processing market. Such statements are only
predictions, and the actual events or results may differ materially
from those projected in such forward-looking statements. Factors
that could cause or contribute to differences include, but are not
limited to, risks involved with Diversa's new and uncertain
technologies, Diversa's dependence on patents and proprietary
rights, Diversa's protection and enforcement of its patents and
proprietary rights, Diversa's ability to commercialize Purifine
enzyme, customer adoption of Purifine enzyme, and the development
or availability of competitive products or technologies. Certain of
these factors and others are more fully described in Diversa's
filings with the Securities and Exchange Commission, including, but
not limited to, Diversa's quarterly report on Form 10-Q for the
period ended September 30, 2006. These forward-looking statements
speak only as of the date hereof. Diversa expressly disclaims any
intent or obligation to update these forward-looking statements.
Note: Purifine is a trademark of Diversa Corporation. Contact:
Wendy Kelley Investor Relations Diversa Corporation (858) 526-5437
DATASOURCE: Diversa Corporation CONTACT: Wendy Kelley, Investor
Relations of Diversa Corporation, +1-858-526-5437 Web site:
http://www.diversa.com/
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