Cannabinoid Biosynthesizer Librede Acquired by Lygos

Librede is one of four companies with a cannabinoid biosynthesis patent disclosing synthesizing cannabinoids in microorganisms from sugars. On January 15, Lygos acquired Librede to accelerate their production of cannabinoids for consumer, nutraceutical, and pharmaceutical products. 

Lygos is a biosynthetics company focused on creating high-value molecules from low-cost sugars using biological techniques. 

Magic Number published an article about cannabinoid biosynthesis highlighting the main players in the space with secured assets, including Librede, among others, over a week before the acquisition.

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