Healthcare, Consumer Staples Jan 21, 2022 04:22 PM (GMT+8) · EqualOcean
Recently, yikelai biology, a leading synthetic biology platform enterprise in China, reached a strategic cooperation agreement with Jinhe industry (002597. SZ), a leading sweetener enterprise in China, and jointly funded the establishment of Shanghai Yijin Biotechnology Co., Ltd. Based on their respective advantages in technology and resources, the two sides will support each other and develop together to promote the commercial application of synthetic biology technology in food fields such as natural sweeteners and sugar reduction of food raw materials. It is reported that the two sides will work together to promote the in-depth application of synthetic biotechnology in the field of sweeteners, improve production efficiency, reduce costs and improve product quality by iterating existing technologies. In addition, the two sides will also establish strategic partnership around natural sweeteners, sugar reduction of food raw materials and other fields. The joint venture will focus on the commercial application of synthetic biotechnology in the field of food sugar reduction, and explore new ways to realize healthy sugar reduction by using synthetic biotechnology, so as to meet the market development needs after the upgrading of national consumption level.