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| [December 17, 2012] |
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USPTO Issues Notice of Allowance to Proterro for Composition of Matter Patent Protecting Proterro's Engineered Cyanobacteria and Their Genetic Code
EWING, N.J. --(Business Wire)--
The United States Patent and Trademark Office has issued a notice of
allowance to Proterro, Inc., for a composition of matter patent that
protects unique engineered photosynthetic cyanobacteria and their
genetic code. The genetically engineered cyanobacteria are used in a
biosynthetic process to manufacture sucrose.
The issued patent (based on U.S. Patent Application No. 12/348,887) will
cover "the sequence and assembly of discrete genes of engineered
cyanobacteria and the cyanobacteria themselves, which we use to make
affordable sugar for the economical and scalable production of biofuels
and biobased chemicals," said Proterro CEO
Kef Kasdin.
"A patent protecting the genetic blueprint of our sucrose-producing
microorganisms is the cornerstone of Proterro's patent portfolio,
representing what makes us different from all others searching for the
answer to the high cost of feedstock," she continued.
"These engineered cyanobacteria, which require a combination of only
water, carbon dioxide, sunlight and nutrients to produce sucrose in a
biosynthetic process at consistently high yields, are unique to us," she
said. "They are why we can say that we are the only company that 'makes'
sugar - others must 'extract' it from crops, which has proven to be a
far more expensive proposition."
"Thisgives us a solid technical foundation with respect to intellectual
property," added John Aikens, Proterro CTO and a co-inventor with
Robert Turner, Ph.D., on the patent application. Aikens noted that, in
addition to this newly allowed patent, Proterro has five more U.S.
patent applications and multiple foreign patent applications pending.
"Taking cyanobacteria that naturally produce sucrose and successfully
genetically engineering them so that they produce and secrete elevated
levels of sucrose in a continuous, high-yield process, is our market
differentiator, and, as we move our business forward, protecting our
groundbreaking technology is essential," said Kasdin.
In other Proterro news today, see: Proterro Secures $3.5
Million in New Funding http://www.proterro.com/pdf/proterro_secures_3_5_millionin_new_funding.pdf
About Proterro
Proterro is the only company that makes sucrose instead of
extracting it from crops. Proterro combines its core "microorganism
technology" with its patent-pending, high-density, modular, solid-phase
photobioreactor for scalable production of the only non-crop-based,
noncellulosic, clean sucrose that avoids the pricing volatility
associated with corn and other feedstock markets. The company projects
it can produce its sucrose at a cost of less than $.05/lb., which is far
less than sugarcane, corn, other energy crops, or cellulosic sugar
approaches. The company was recognized as one of the top 10 innovative
companies during Q4 2011 by Lux Research, which said the company stood
out for its "disruptive potential." Proterro CEO Kasdin has been named
one of the top 100 people in bioenergy and one of the top 10 influential
women in the biofuel business. Proterro's leadership team includes
advisors with extensive experience from BP, Cargill, Gevo and Solazyme.
For more information, please visit www.proterro.com
. For more about the specific claims allowed in U.S. Patent Application
No. 12/348,887, please visit notice
of allowance excerpts.
Note: Proterro is a trademark of Proterro, Inc. Any other
names of actual companies, organizations, entities, products or services
may be the trademarks of their respective owners.

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