By revealing the genetic mechanisms responsible for the extraordinary resilience and biodiversity of the Deinococcus, Professor Miroslav RADMAN has not only changed the way we look at evolution but also initiated the industrial exploitation of these bacterial "micro-factories".
DEINOVE is currently the only company in the world that designs and develops production processes based on these "deinotechnologies." Efficient, cost-effective and environmentally friendly, these new processes open the way for manufacturing of high-value compounds
Second-generation biofuels (DEINOL program),
Biochemical compounds of industrial interest (DEINOCHEM program).
At the end of the year 2012 the Company obtained a first validation of the approach through the DEINOL program, demonstrating its cutting hedge technology to convert biomass into energy and industrial compounds. For the first time ever a DEINOVE bacterium turned wheat-based complex sugars into ethanol, in a single operation and without additives (enzymes, yeast,). In 2013 and 2014, DEINOVE confirmed and improved these results when its optimized bacteria have been able to exceed an alcohol content of 5% wt/v, a threshold for considering an industrial operation process in 2nd generation biofuels. At the same time, the cellulolytic and hemicellulolytic properties of Deinococcus have been deepened and confirmed.
Based on these results, DEINOVE has been engaged in the pre-industrialization of this process with a series of tests in a 300L fermenter, from simple sugars representative of the cellulosic biomass structure. These tests have been conclusive (see press release) and DEINOVE is expecting the first revenues from its technology by 2018.
Beyond bioethanol, the field of green chemistry has been deepened, explorating the isoprenoid pathway and obtaining some first molecules at laboratory scale.
Market capitalization (31-Oct-2017)
Closing share price (31-Oct-2017)