Image via Vegconomist (alt protein)
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Novonesis: Partnership
Novonesis (Danish biosolutions, formed Jan 2024 via Novozymes/Chr. Hansen merger) signed an exclusive manufacturing and commercialization deal with TurtleTree (Singapore-based precision fermentation biotech) to scale and commercialize precision-fermented lactoferrin (LF+®) for early-life nutrition and dietary supplements. Novonesis is also making a minor equity investment, alongside 321Catalyst Ventures (Mitsui Chemicals corporate venture).
Source: Vegconomist (alt protein)
The leadership read
Alliances broaden the commercial surface, and the leadership need follows. Novonesis's partnership in the sector widens demand for commercial and alliance leaders who turn an agreement into realised value. Across EMEA, watch whether dedicated senior ownership is put on it; unowned alliances quietly lapse.
Market context: MitchelLake's Talent Market Index sits at 105.8 (Hot), down 2.3 on the prior month; EMEA hiring signal is running easing (-2.8pts).
Novonesis: 2 signals in the last 90 days; 0.2% of MitchelLake's Asia signal flow; 3 tracked across 76 days.
Also at Novonesis →
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