Solazyme announces several new partnerships

08/11/2013 | Seeking Alpha

Solazyme released its second-quarter earnings results amid announcements of new partnerships with Sasol Olefins & Surfactants, American Natural Processors and Twinlab Corp., as well as faster-than-expected work on oil profile development and its accomplishments in designing oils with very long chain lengths. However, CEO Jonathan Wolfson warned analysts that Solazyme faces potential future conflicts between its partners and acknowledged that its rights to two products resulting from a former joint venture are not definite.

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