Web exclusive posted Jan. 15, 2009, at 11:06 a.m. CST
Verenium Corp. announced Jan. 13 it has regained compliance with the listing requirements of the NASDAQ Global Report. In early December NASDAQ notified Verenium that it had fallen out of compliance with the exchange's rule requiring listed companies to maintain a minimum market capitalization of $50 million.
Cambridge, Mass.-based Verenium is developing a cellulosic ethanol process, including high-performance specialty enzymes. In May 2008, Verenium opened a 1.4 MMgy demonstration-scale cellulosic ethanol plant in Jennings, La.