Novozymes - Timeline

Timeline

  • 1925 Novo Terapeutisk Laboratorium (hereafter called Novo) founded with the aim to produce insulin.
  • 1941 Novo launches its first enzyme, trypsin, extracted from the pancreas of animals and used to soften leather.
  • 1963 Alcalase – Novo’s first detergent enzyme produced by fermentation.
  • 1984 Launch of Maltogenase for the starch industry. The world’s first enzyme for industrial use produced by genetically modified organisms.
  • 1987 Launch of Lipolase. The world's first fat-splitting enzyme for detergents manufactured with genetically engineered microorganisms.
  • 2000 Novo splits into three separate companies operating under the umbrella of the Novo Group: Novo A/S, Novo Nordisk A/S, and Novozymes A/S. Initial offering of Novozymes shares: DKK 150. Revenue (turnover) in year 2000: DKK 5,033 million.
  • 2001 Novozymes launches a new business strategy, expanded to include initiatives outside the core enzyme business.
  • 2003 Novozymes buys five smaller companies to form microorganism business unit.
  • 2007 Novozymes forms new biopharmaceutical ingredients business unit based on the acquisitions of three smaller companies.
  • 2010 Novozymes acquires Turfal (Brazil) to strengthen position in bioagriculture market.
  • 2010 Novozymes announces plans to acquire EMD/Merck Crop BioScience Inc. making the largest major player in sustainable solutions for the agricultural biologicals industry.

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