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EnWave and Danisco AS Mutually Discontinue Research & Development Collaboration
EnWave Corporation has announced that the Company has mutually discontinued an ongoing research and development collaboration to test EnWave's powderREV™ pilot-scale dehydration technology with Danisco AS ("Danisco").
The pilot machine has not yet achieved all project targets and would require some equipment modifications and further testing resulting in a longer development path.
Both companies agreed that in light of other priorities they would discontinue their collaboration.
"EnWave's collaboration with Danisco has been beneficial to the development of our powderREV™ technology," stated Dr. Tim Durance, Chairman & Co-CEO, EnWave.
"We will now leverage that development to attract other interest in the food and pharmaceutical areas, while intensifying our focus to reach commercial agreements with other current partners."
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