Company News, Financial News

BASF Enters Natural Flavor & Fragrance Markets

Acquires Isobionics, inks deal with Conagen.

In a move to expand its presence in the natural flavor and fragrance business, BASF has acquired Isobionics and formed a cooperative agreement with Conagen. Terms of the deals were not disclosed. According to BASF, Isobionics is an innovation leader in biotechnology which is serving the global market for natural flavors and fragrances (F&F), and Conagen is a leader in biotechnology research. BASF intends to advance the technology for biotech-based aroma ingredients by combining its own R...

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