Cyanotech, Hauser Chemical Research Inc. deal

CYAN ended its participation in BetaPharm, a joint venture with Hauser formed in 1994 to develop natural beta carotene from the microalgae Dunaliella salina. CYAN said it needed to focus on internal projects. CYAN had a 40 percent interest in the venture and was to provide its algae cultivation and harvesting technologies, while Hauser was to provide extraction and purification technology. ...