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Last $1.36 USD
Change Today -0.04 / -2.86%
Volume 277.8K
SZYM On Other Exchanges
As of 8:10 PM 02/10/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

225 Gateway Boulevard

South San Francisco, CA 94080

United States

Phone: 650-780-4777

Fax: 650-989-6700

at are traditionally derived from petroleum or other conventional oils, or refined and sold as drop-in replacements for marine, motor vehicle and jet fuels. The company’s fuels products range from drop-in replacement fuels, such as SoladieselBD and SoladieselRD for on-road applications and for ultra-low sulfur diesel; and Solajet for aviation use, to high-value fuel additives and blendstocks. Food Products - Powdered Ingredients and Food Oils The company has developed and commercialized microalgae-based food ingredients that enhance the nutritional profile and functionality of a range of foods and beverages. In 2014, the company launched its food ingredients products under the AlgaVia brand name. AlgaVia Microalgae Food Ingredients are new, healthful and sustainable sources of food. The company has three commercial food ingredient product lines: lipid powders and proteins (which are powdered ingredients), and high oleic oils (which are food oils). AlgaVia Microalgae Food Ingredients are sold to food and beverage manufacturers and foodservice providers through a combination of direct sales, distributors and strategic partnerships. Powdered Ingredients The company has developed various methods of preparing powdered forms of triglyceride oils and vegan proteins, and its powdered ingredients are composed of unmodified whole algal cells. AlgaVia Lipid Powder (commonly known as whole algal flour) and AlgaVia Protein (commonly known as whole algal protein) are whole algae ingredients that improve the nutritional profile of foods and beverages. Food Oils The company’s High Stability High Oleic algae oil is extremely stable, with zero trans fats and high levels of healthy Omega-9 (monounsaturated) fatty acids. With very low levels of polyunsaturates, this oil is used in a range of applications such as frying, baking, spreads, coatings, sauces, and dressings. Personal Care Products Skin and Personal Care The company has developed a portfolio of branded microalgae-based products. During its algal strain screening process, the company discovered and isolated key compounds that microalgae synthesize to protect themselves against environmental hazards, such as UV exposure, changes in extremes of temperature, and dehydration. The company’s first major ingredient is Alguronic Acid, which the company has formulated into a range of skin care products with significant anti-aging benefits. Intellectual Property As of December 31, 2014, the company owned 37 issued U.S. patents, 33 issued foreign patents and approximately 225 pending patent applications filed in the United States and in various foreign jurisdictions. The expiration dates of the patents are between 2023 and 2029. Regulations The company is subject to regulation by the Occupational Safety and Health Administration (OSHA), the California and federal Environmental Protection Agency (EPA), and to regulation under the Toxic Substance Control Act (TSCA). The company’s fuel products are subject to regulation by various government agencies, including the EPA and the California Air Resources Board in the U.S. and Agencia Nacional do Petroleo in Brazil. The manufacture, sale and use of its foods products are regulated as food ingredients in the United States by the U.S Food and Drug Administration (FDA) under the federal Food, Drug, and Cosmetic Act. Strategy The principal elements of the company’s strategy are as follows: prioritizing market entry based on unit economics and capital requirements; execute on customer-driven approach to technology and product development; enter into sales agreements and additional partnership agreements to advance commercialization efforts; and execute on capital-efficient strategy to access feedstock and manufacturing capacity. History Solazyme, Inc. was incorporated in the state of Delaware in 2003.


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Price/Sales 2.2x
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