Verenium Corp. (NASDAQ: VRNM) Sees Solid Second Quarter from Animal Feed Enzyme Product, Signs Biofuel Development and Commercialization Deal with BP
For any company struggling to make that proverbial jump to a going concern, the arrival of a white knight to provide needed capital is a godsend. Often, the company has a solid product but not the needed capital to bring it to market in a way that would yield its full potential. If an investor can find a company with a solid product base and a source of capital to exploit it, profit will surely follow. Verenium Corp., a biofuel /enzyme developer and manufacturer, works to develop, manufacture and market non-food, cellulose-based biofuels and various enzymes globally. Although used in…