Evolva and IFF to end collaboration on second ingredient
Reinach, Switzerland, – Evolva Holding SA (SIX: EVE) announces that its collaboration with International Flavors & Fragrances Inc. (IFF), announced in May 2012 and targeted at an undisclosed flavouring ingredient, will be discontinued in early 2014. Evolva is considering continuing work on the ingredient on its own account. The two parties are discussing potential additional collaboration areas.
There is no impact on Evolva’s collaboration with IFF on vanillin. There is no change to Evolva’s financial guidance for 2013.
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|Neil Goldsmith, CEO||Jakob Dynnes Hansen, CFO||Paul Verbraeken, IR|
|[email protected]||[email protected]||[email protected]|
|+ 41 61 485 2005||+ 41 61 485 2034||+ 41 61 485 2035|
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