AdvanceBio acquires rights to develop next-generation liquid fuels

Milford-based AdvanceBio Systems LLC has acquired exclusive intellectual property rights to provide pre-treatment equipment and systems to the next-generation cellulosic ethanol and renewable chemicals industries.

AdvanceBio, a provider of consulting services and technology to companies that are developing new projects in the biofuels industry and in the biochemical sector, plans to develop small-scale reactor systems for use by researchers who are developing the next generation of microorganisms, enzymes, feedstocks and crops, according to company principal Dale Monceaux.

They also plan to provide commercial-scale systems to corporations planning industrial-scale facilities.

With its acquisition, the company joins more than a dozen other companies currently performing research to develop technology for next-generation renewable liquid fuels.

Read the full release here.
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