Allylix raises $3,350,000

Allylix, a developer of fine chemicals, terpenes and valuable production platforms for the flavor & fragrance, pharmaceutical, nutraceutical and agricultural markets, today announced it has secured a financing round of $3.35 million.  Allylix, Inc. develops fine chemicals and valuable production platforms for the pharmaceutical, nutraceutical, agricultural and flavor & fragrance markets. Allylix’s technology can produce high-value chemicals identical to those found in nature but in greater quantities, of higher quality and purity and at lower production costs than traditional sources that rely on extracting the chemicals from rare biological sources or costly and low yielding chemical synthesis.