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Biochemistry start-up terpenox: the case for menthol
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Resumo(s)
We are presenting the business plan for Terpen OX, a ground-breaking biochemistry start-up developing a novel process for menthol synthesis based on a recent scientific breakthrough at the University of Vienna. Terpen OX provides a cutting-edge process, which consists in converting low-cost compounds such as citronella into menthol in a single step, instead of two. Moreover, our solution is faster, cheaper, and more sustainable which is exactly what is needed by the expanding industry of compounds. Finally, the market formenthol is expected to reach a value of approximately USD1.05 billion by the end of 2023.
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Entreprenerueship Licensing Biotechnology Menthol