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Us Biotech Company, Calysta Inc. to Open its First R&D and Market Introduction Facility in the UK

Us Biotech Company, Calysta Inc. to Open its First R&D and Market Introduction Facility in the UK

Located at the Centre for Process Innovation (CPI), Teesside, Calysta will develop the production process for FeedKind™ protein, a new fish feed ingredient to reduce the aquaculture industry's use of fishmeal. FeedKind™ protein - a natural, safe, non-GMO sustainable fish feed ingredient is approved for sale in the European Union.

Calysta, Inc. (www.calysta.com) based in California, through its subsidiary Calysta (UK) Ltd., has received a conditional award of up to £2.8 million Exceptional Regional Growth Fund (eGRF) grant subject to due diligence from the UK Government. This will contribute to a £30 million first phase investment over ten years by Calysta to develop a Market Introduction Facility to undertake R&D critical to commercialise FeedKind and develop the technology for other applications.

The company will safeguard 9.5 jobs in CPI, with a further 29 jobs created (10 CPI and 19 Calysta); along with indirect jobs benefits in construction and the supply chain... Read more>

09/Feb/2016

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