Nvidia, ByteDance, and the U.S.-China AI Chip Standoff Over H200 Exports 
FDA Targets Hims & Hers Over $49 Weight-Loss Pill, Raising Legal and Safety Concerns 
Ford and Geely Explore Strategic Manufacturing Partnership in Europe 
Nvidia CEO Jensen Huang Says AI Investment Boom Is Just Beginning as NVDA Shares Surge 
Instagram Outage Disrupts Thousands of U.S. Users 
SpaceX Prioritizes Moon Mission Before Mars as Starship Development Accelerates 
Tencent Shares Slide After WeChat Restricts YuanBao AI Promotional Links 
CK Hutchison Launches Arbitration After Panama Court Revokes Canal Port Licences 
Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
Nasdaq Proposes Fast-Track Rule to Accelerate Index Inclusion for Major New Listings 
Rio Tinto Shares Hit Record High After Ending Glencore Merger Talks 
Prudential Financial Reports Higher Q4 Profit on Strong Underwriting and Investment Gains 
Alphabet’s Massive AI Spending Surge Signals Confidence in Google’s Growth Engine 
Amazon Stock Rebounds After Earnings as $200B Capex Plan Sparks AI Spending Debate 
American Airlines CEO to Meet Pilots Union Amid Storm Response and Financial Concerns 
Global PC Makers Eye Chinese Memory Chip Suppliers Amid Ongoing Supply Crunch 
SpaceX Pushes for Early Stock Index Inclusion Ahead of Potential Record-Breaking IPO 
YICHANG, China and VANCOUVER, British Columbia, Jan. 18, 2018 -- Angel Yeast Co., Ltd., a Shanghai Stock Exchange listed company (SSE:600298), has signed a global licence agreement with Renaissance BioScience Corp. to exclusively manufacture and supply the Renaissance novel, patent-protected yeast portfolio for the wine, cider and craft beer industries worldwide, starting in Q4/2017.
|
|||
“We’re extremely pleased to expand our relationship with Renaissance. Over the past four years, Renaissance has developed and successfully commercialized a range of world-class yeast strains for wine and cider, and we are excited to become their exclusive manufacturing and distribution partner going forward for these successful products,” said Mr. Wu Zhaohui, Vice President of Angel Yeast Co., Ltd. “Importantly, Angel will be the exclusive global partner with Renaissance to introduce an exciting new line of premium beer yeast for the rapidly growing global craft beer industry. Renaissance has been an excellent business partner and we’re looking forward to working together to build this expanding beverage yeast business.”
Dr. Cormac O’Cleirigh, Chief Business Development Officer for Renaissance BioScience, commented, “Angel Yeast is a leading yeast company with world-class production and a global distribution reach far beyond its home markets in China and the Asia Pacific region. This agreement is the natural evolution of our ongoing relationship with Angel Yeast and with it we’re taking the next step to work more closely with them to bring new yeast to market in the craft beer industry, as well as continue the impressive growth we’ve seen in the wine and cider industries over the past four years.”
Renaissance’s novel hydrogen sulfide-preventing wine, cider and craft beer yeasts have generated significant commercial interest in Europe, Asia, North and South America, Africa and Australia/New Zealand. All Renaissance yeasts are patent-protected and were developed using classical non-GMO techniques. Under the agreement, Renaissance will work with Angel to fully commercialize the existing wine, cider and craft beer yeast portfolio, and bring new and exciting strains to the market in the coming years.
Contact: Angel Yeast Co., Ltd. Yichang, Hubei, China Ryan Wu Tel.: +86 717 6353619 Email: [email protected] Renaissance BioScience Corp. Steve Campbell Campbell & Company Strategies Inc. Communications and Public Relations Vancouver, BC CANADA Tel.: 01 604 888-5267 Email: [email protected]
