Sterling Biotech Builds World’s First Fermentation-Based Dairy Protein Facility
Sterling Biotech, a joint venture between Perfect Day and Zydus, has commenced construction of the world’s first precision fermentation-based dairy protein manufacturing facility in the Bharuch district of Gujarat. Spanning 27 acres, this facility is expected to be operational by the first quarter of 2026, the company in a release said, adding that a foundation […]
Zydus Acquires 50% Stake in Sterling Biotech for Animal-Free Dairy Facility
Californian precision fermentation startup Perfect Day has agreed to sell 50% of its stake in Mumbai-based Sterling Biotech – a leading manufacturer of pharmaceutical gelatin and fermentation-derived ingredients – to Zydus Lifesciences for ₹550 crore ($66M), with the business now becoming a joint venture. The move will give both companies equal representation on the board, […]