To gain a competitive edge in the Enzymes Market, major companies are concentrating on a variety of growth strategies, including partnerships and agreements. For instance, a multi-year, exclusive supply agreement for the supply of a proprietary enzyme was signed by Codexis, Inc., a U.S.-based protein engineering company, and KYORIN Pharmaceuticals Co., Ltd. in February 2019. Vibegron, the active ingredient in Beova Tablets used to treat overactive bladder, will be produced using this enzyme.

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