Verenium Corporation (NASDAQ: VRNM) is on The StockGuru Leader Board today. The stock is up as much as 11.68% on Friday.
Volume traded – so far – as this release was issued intraday: 289,690
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About the Company:
Verenium Corporation, an industrial biotechnology company, develops, manufactures, and commercializes enzymes for use in various industrial processes in Europe, North America, South America, and Asia. The company offers animal health and nutrition products, including Phyzyme XP phytase, an enzyme added to animal feed for poultry and pigs. It also provides various grain processing enzymes, which enable the conversion of various sources of starch-based mashes and slurries derived from corn, barley, milo/sorghum, potato, rice, wheat, and cassava in to sweeteners and distilled ethanol for fuel, food, and beverage applications. The company offers grain processing enzymes consisting Fuelzyme alpha-amylase, an enzyme for starch liquefaction to produce fuel ethanol; DELTAZYM GA L-E5 enzyme for saccharification in fuel ethanol production; Xylathin xylanase for use in fuel ethanol production from cereal grains; and Veretase alpha-amylase, an enzyme for liquefaction of starch for sweetener or beverage ethanol production. In addition, it provides Purifine PLC, a phospholipase C enzyme for reducing the oil lost in the degumming stage of producing vegetable oils from seeds, such as soy beans. Further, the company offers Pyrolase 160 enzyme for use in hydraulic fracturing of oil wells, as well as for industrial applications; Cottonase enzyme for textile processing; and Luminase PB-100 xylanase for use in the pulp and paper industry. It has strategic collaborations with Bunge Oils, Inc., Alfa Laval, Desmet Ballestra Group S.A., Danisco Animal Nutrition, and WeissBioTech GmbH, and Novus International Inc. The company was formerly known as Diversa Corporation and changed its name to Verenium Corporation in June 2007 as a result of the merger with Celunol Corp. Verenium Corporation was founded in 1992 and is based in San Diego, California.
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