Danone, Michelin, DMC, Credit Agricole create Biotech Open Platform

Danone (DANOY), Michelin (MGDDY), DMC Biotechnologies and and Credit Agricole Centre France (CRARY) have agreed to create the Biotech Open Platform “to bolster the development of advanced fermentation processes, particularly precision fermentation, on a larger scale.” Danone said in a statement, “Precision fermentation is a revolutionary biotechnological process to produce bio-based materials and ingredients. With an investment of over 16 million euro in the first phase, the industrial and technological platform will be located in Clermont-Ferrand within the Parc Cataroux Center for Sustainable Materials, an innovation accelerator supported by Michelin.”