Amyris Expands Deal With Total

Emeryville, CA-based Amyris (NASDAQ: [[ticker:AMRS]]) said today it has expanded a partnership with Brazil-based Total, in which Total will pay for more research and development, and provide capital to acquire and build production facilities for renewable diesel. Amyris made the announcement along with its quarterly earnings report. Amyris said it had a net loss of $42 million in the quarter that ended June 30, and it had about $187 million in cash and investments in the bank.

Author: Luke Timmerman

Luke is an award-winning journalist specializing in life sciences. He has served as national biotechnology editor for Xconomy and national biotechnology reporter for Bloomberg News. Luke got started covering life sciences at The Seattle Times, where he was the lead reporter on an investigation of doctors who leaked confidential information about clinical trials to investors. The story won the Scripps Howard National Journalism Award and several other national prizes. Luke holds a bachelor’s degree in journalism from the University of Wisconsin-Madison, and during the 2005-2006 academic year, he was a Knight Science Journalism Fellow at MIT.