Companies

Key players in the market are adopting various strategies such as partnerships, mergers and acquisitions, joint ventures, and strategic collaborations to expand their market presence. For instance, on February 23, 2022, Merck KGaA, a Germany-based pharmaceutical company acquired Exelead, a U.S.-based pharmaceutical company, and announced plans to invest approximately US$ 542 million for scaling up its technology. The initiative is expected to broaden the company’s portfolio of offerings and can positively affect its growth.

In June 24, 2020, according to article published in Microbial Cell Factories , a neutral, heat sensitive serine protease originating from fungus Onygena Corvina was described which is alkaline serine protease of substilisin type S8 family. It has enzymatic activity at neutral pH. Compared to proteinase K it has two- fold higher specific activity. It can also be used for protein sequencing. Protein coverage is also higher in comparison to proteinase K.

Proteinase K Market Report Snapshots