Amyris, Inc.

Amyris, Inc. is a synthetic biotechnology and renewable chemical company headquartered in Emeryville, California. Amyris serves the specialty and performance chemicals, flavors and fragrances, cosmetics ingredients, pharmaceuticals, and nutraceuticals markets.[3]

Amyris, Inc.
TypePublic
OTC Pink: AMRSQ
Nasdaq: AMRS
IndustryRenewable fuels, antimalarials, renewable chemicals, renewable products
Founded2003
HeadquartersEmeryville, California, US
Key people
John G. Melo (CEO)
Eduardo Alvarez (COO)
Han Kieftenbeld (CFO)
Nicole Kelsey (Gen.Counsel & Secretary)
BrandsBiossance, Pipette, Purecane, Costa Brazil, EcoFabulous, Rose Inc, Terasana, JVN and OLIKA.
RevenueIncrease $152.6 million (FY 2019)[1]
Number of employees
595 (2021)[2]
SubsidiariesAmyris Fuels
Websitewww.amyris.com

History

Amyris was founded in 2003.[4] The company owns three brands, Biossance and Pipette, for beauty and skincare, and Purecane, a sugar substitute. The company went public on NASDAQ on September 28, 2010 (AMRS).[5]

In November 2011, Amyris acquired Lansing, Michigan-based renewable chemicals and products company, Draths Corporation, for $7 million in stock.[6] In April 2019, the company raised $34-million in private placement of its common stock and warrants. The funding round was led by Foris Ventures and Dr. Wei-wu He, General Partner of Emerging Technology Partners, LLC, a life sciences-focused venture fund.[7]

Biossance, the skincare brand from Amyris, was recognized as Digital Innovator of the Year at the WWD Beauty Inc Awards in 2019.[8]

In 2020, Amyris received Bonsucro's Chain of Custody Certification, ensuring that the sustainability claims along the sugarcane supply chain are traceable from farmer to end user.[9] During the COVID-19 pandemic, the company collaborated with the Infectious Disease Research Institute (IDRI) to advance a novel ribonucleic acid (RNA) vaccine platform, including accelerating the development of a COVID-19 vaccine.[10]

On August 9, 2023, Amyris filed for Chapter 11 bankruptcy protection and announced it will shut down its consumer brands amongst selling itself.[11] The company was delisted from Nasdaq and added to the OTC Markets.

References
  1. "Amyris Annual Report - SEC filings".
  2. "Amyris profile".
  3. "Amyris Inc - Company Profile". Bloomberg.com.
  4. Brodwin, Erin. "After a kick-start from Bill Gates, a Silicon Valley company aims to be the 'Intel Inside' of the $200 billion sweetener and skincare market". Business Insider. Retrieved 2023-03-21.
  5. "Amyris, Inc. Chief Executive Officer to Ring the NASDAQ Stock Market Closing Bell". www.nasdaq.com. Retrieved 2020-06-30.
  6. Riddell, Lindsay (November 16, 2011). "Amyris buys chemicals-maker Draths". San Francisco Business Journal.
  7. Coons, Rebecca (April 29, 2019). "Amyris raises $34 million as it pursues skin care, sweeteners, and CBD | Nuu". Biofuels Digest. Nuu Media.
  8. Writer (December 17, 2019). "WWD Beauty Inc Names Biossance Brand Digital Innovator Of The Year". markets.businessinsider.com.
  9. Staff. "Amyris' Sugarcane Is Traceable". HAPPI.
  10. "Amyris and The Infectious Disease Research Institute Enter into Exclusive License for Novel RNA Vaccine Platform, Beginning with COVID-19 Vaccine". Cision. October 22, 2020.
  11. "Amyris files for Chapter 11 bankruptcy protection in Delaware". Bloomberg Law. August 9, 2023. Retrieved August 10, 2023.
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