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Metabolix Announces Third Quarter 2015 Financial Results

November 10, 2015 4:05 PM EST

CAMBRIDGE, Mass., Nov. 10, 2015 (GLOBE NEWSWIRE) -- Metabolix, Inc. (NASDAQ: MBLX), an advanced biomaterials company focused on sustainable solutions for the plastics industry, today reported financial results for the three months ended September 30, 2015.

Throughout 2015, we have been executing a strategic transformation of the Company with a focus on our Mirel® specialty biopolymers business, said Joseph Shaulson, president and CEO of Metabolix. This specifically included a goal to expand our pilot capacity and achieve increased visibility and progress in commercial development, allowing us to complete our pivot to the specialties business model and... More