21.03.2013

ANNUAL RESULTS 2012

  • Noticeable decrease of net losses (1.98 million Euros vs. 3.28 million Euros in 2011) and greater control over cash burn
  • Net cash is 6.5 million Euros at the end of December 2012, sufficient to cover the needs of the company up to the end of Q1 2014
  • Validation of the 2nd key milestone of the DEINOL project
  • Two new patent applications

OUTLOOK 2013

  • Accelerate business development in 2nd generation biofuels and expand internationally
  • Launch ambitious bio-based chemicals program and sign new partnerships


Paris, 21 March 2013 - DEINOVE (Alternext Paris: ALDEI), a cleantech company that designs, develops and markets a new generation of industrial processes based on the Deinococcus bacteria, today announced its financial results for 2012.