SAN DIEGO – Allylix Inc., a specialty chemicals company, was presented with the Innovation Award from San Diego Business Journal in the biotechnology category at an awards ceremony held at Scripps Seaside Forum in La Jolla.
The annual San Diego Business Journal Innovation Awards, with winners announced in the June 24 edition of the publication, seeks to honor and acknowledge the people and organizations that push boundaries and demonstrate how the innovative spirit drives economic value.
Allylix earned this honor for its proprietary yeast fermentation technology that allows the company to produce a wide range of specialty chemicals, including high-value, natural products called terpenes, at low cost and in sustainable commercial levels.
“We are honored to be recognized for innovation and leadership in the San Diego biotech community,” said Allylix CEO Carolyn Fritz. “Our technology was developed, in part, by researchers at San Diego’s Salk Institute, so we truly have local roots.”
Allylix’s fermentation platform technology can cost effectively produce flavors and fragrances, food ingredients, crop protection, urban pesticides, cosmetic chemicals, biocides, pharmaceuticals and other products. The company’s technology also enables the development of novel compounds.
About Allylix Inc.
Allylix Inc. is a specialty chemicals company developing terpene products and their derivatives for the flavor and fragrance, food ingredients, insect repellents, agricultural, cosmetics and other markets. Allylix’s platform technology produces high-value natural terpenes in greater quantities, of higher quality, and at significantly lower cost than traditional sources. The company’s technology also allows for the production of novel specialty chemicals, applicable to a wide variety of industries. For more information, visit www.allylix.com.