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Amyris CEO on the post-bankruptcy re-boot: ‘We’re a drastically different company’
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Amyris CEO on the post-bankruptcy re-boot: ‘We’re a drastically different company’
Two years after emerging from bankruptcy, biomanufacturing specialist Amyris is not yet profitable, but is a “drastically different company” with a burn rate a “fraction of what it was” thanks to tighter operational controls, stronger cash discipline, and a revised business model, says CEO Kathy Fortmann. The synthetic biology pioneer—which was founded in 2003, went public in 2010, and filed for bankruptcy in 2023—had an “overleveraged balance s…
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