ANODYNE ACCEPTED INTO THE ALACRITY CLEANTECH PROGRAM

Vancouver, British Columbia, June 3^rd, 2022 — (“Anodyne”) is accepted into the Alacrity Cleantech Program, an early marker of its potential to make a major sustainability impact on the chemical industry.

The Alacrity Cleantech program supports the scale-up of clean technology companies to encourage export activities in international markets. Alacrity Cleantech also helps its portfolio companies with investor readiness, marketing initiatives, and business development to accelerate cleantech companies’ trajectories to global success.

Anodyne’s CEO Iain Evans commented, “We are honoured to be selected to participate in Alacrity’s Cleantech program. Alacrity’s global network, located in markets that are in need of sustainable carbon solutions, made this program stand out. So we’re delighted to be able to work with the Alacrity team and advance the commercial readiness of Anodyne’s sustainable chemical portfolio.”

The Alacrity Foundation of B.C.  is a non-profit organization – founded in 2009 – that works to promote technological entrepreneurship and training, as well as facilitate regionalized investment. Alacrity has worked directly with the Province of B.C. and the Federal Government, delivering a total of eight successful programs to date. Through its business accelerator programs, Alacrity has supported more than 11,000 businesses, helping to create over 700 jobs, and attracting more than $360M in investments for B.C.-based businesses.

Anodyne is a biochemistry company developing a platform to harness naturally occurring enzymes to create high-value fuels and chemicals.

Catalytic enzymes have been the subject of significant scientific interest over the last decade, but their reactions are slow and low-yielding. Anodyne has discovered a scalable method of immobilizing enzymes to turn low-yield reactions into controlled high-yield performance. This is a globally significant development that has the potential to create carbon-negative alternatives to a variety of industrial processes.

Learn more at www.anodynechemistries.com