Materia has extended its exclusive catalyst distribution
agreement with Sigma-Aldrich Corp. by 10 years, the company
announced on Thursday.
Under the deal, Aldrich Chemical has worldwide rights to
distribute Materias Grubbs catalyst technology to the research and
Sigma-Aldrich is the clear global leader in research
chemical distribution," said John Kibler, vice president of
business development at Materia.
Their strong channels provide innovators in the
chemical, polymer, and pharmaceutical industries with
straight-forward catalyst access, which in turn enables a
robust pipeline of win-win opportunities.
Materias olefin metathesis catalyst technology enables chemical
compounds to be synthesized with greater efficiency, under less
stringent reaction conditions, and with reduced byproducts and
hazardous waste, according to the company.
Aldrich Chemical currently sells 15 Materia metathesis
catalysts, which are based upon core patents exclusively
licensed from the California Institute of Technology, as well
as complementary technology from Materia, Boston
College, the University of Calgary, and the University of New
The companies will launch a new metathesis catalyst
providing cis-selectivity later this year, Materia officials
Financial details were not disclosed.