In November 2014 Allylix, Inc. was acquired by Swiss firm Evolva Holdings SA (SIX:EVE). With business offices in San Diego, CA and R&D facilities in Lexington, KY, Allylix Inc. is a renewable chemicals company that develops terpene products and their derivatives for the flavor and fragrance, food ingredient, pharmaceutical, agricultural and biofuel markets. Terpenes, a class of chemicals known to be effective for a wide range of high value applications, have only been available to date from plants in exceptionally minute quantities. Despite their importance in products from flavors and fragrances to insect repellents to biocides, these highly active compounds have been under exploited due to their high cost and limited supply. Allylixâs technology platform enables production of high value natural terpenes in greater quantities, of higher quality, and at significantly lower cost than traditional sources. Through metabolic engineering and fermentation, Allylixâs platform enables the production of a wide range of low cost, high value terpene products. The company is able to develop products quickly with only incremental investment in each new product. Allylix has scaled its manufacturing processes to full industrial scale and is producing its first two products, nootkatone, a long-lasting citrus flavor and fragrance used in the food, beverage, and personal care industries and valencene, a sought after orange flavor and fragrance used in similar industries. Allylix controls a large and far reaching set of intellectual property including numerous issued patents and multiple US and foreign applications. This intellectual property provides freedom to operate and includes claims covering structure-based composition of matter, methods, proprietary enzymes and resulting products. It also includes trade secrets that cover host strains, expression systems and manufacturing process
