Biocatalysis
Information and Commentary About Biofuels and Biotechnology
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Update: Going Concern Warning for Verenium
Filed under Biofuels companies, biofuelsMar 18Verenium’s auditor’s have issued a going concern warning for the company. CEO Carlos Riva denied Verenium was facing a cash crisis. According to SEC filing, Verenium lost $185.5 million in 2008 and has accumulated $622 million is losses since 2006. That’s a lot of green.
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