Enzyme cocktail initiative
Our Monaghan Biosciences R&D initiatives on the development of an enzyme cocktail for use in the bio-economy are co-funded by the European Regional Development Fund and Enterprise Ireland under the Border, Midland and Western Regional Operational Programme 2014-2020.
To develop new products/processes aimed at establishing/increasing R&D activity which will drive company development.
- Development of an enzyme production platform for use in biomass deconstruction.
- Development of an enzyme production platform for use in bio-economy market segments.
- Provision of capital assets to develop an enzyme production platform for use in alternative business segments.
The company focus is on the production of commercial quantities of enzyme for sale to a variety of different market segments commencing with bio-refinery as a first target market, using proprietary enzyme technology.