BioAmber (BIOA) Tops Q3 EPS by 14c

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BioAmber Announces Operational and Financial Results for Q3 2015

November 4, 2015 4:01 PM EST

MONTREAL, Nov. 4, 2015 /PRNewswire/ - BioAmber Inc. (NYSE: BIOA), a leader in renewable materials announced operational and financial results for the quarter ending September 30, 2015.  The key operational highlights include:

Sarnia is producing high quality succinic acid that has been qualified by a number of customers; Sarnia performance to date is validating the Company's cost of goods target; Fermentation results are confirming there is no longer scale-up risk for the biotechnology; Following the end of the quarter the Company began commercial shipment of Sarnia produced... More