BBGI teams with Conagen to create Asian large-scale precision fermentation JV

In Thailand, BBGI is working with Conagen, a U.S. product-focused advanced biotechnology innovator and manufacturer, to establish a large-scale precision fermentation manufacturing joint venture in Asia.

The partnership aims to explore innovative biosolutions made through precision fermentation for commercial distribution, with the anticipated potential to increase business opportunities and future earnings.

A joint feasibility study is underway to explore product opportunities and examine the production facilities and key terms of the joint venture.

Under the plan, BBGI intends to retrofit and upgrade one of its existing ethanol manufacturing facilities or build new manufacturing factory in Thailand, to produce products using state-of-art synthetic biology developed by Conagen. BBGI also intends to conduct pre-marketing activities for such bio-based products through importation, distribution, and product registration, relying upon Conagen’s product specifications and process development.