Verenium Corporation (Verenium) is an industrial biotechnology company. It develops and commercializes enzymes for use in a range of industrial processes. It manufactures and markets its enzyme products in the fields of animal health and nutrition, grain processing, oilseed processing, oilfield services and other industrial processes, such as pulp and paper and textiles. As of December 31, 2011, it marketed 10 commercial enzyme products, either independently or in collaboration with its partners. In addition, it has developed a pipeline of enzyme product candidates. Its products are organized into five product lines: animal health and nutrition, grain processing, oilseed processing, oilfield services, and other industrial processes. On March 26, 2012, it closed a transaction with DSM Food Specialties B.V. in which it sold its Oilseed Processing business, licensed certain enzymes for use in the food and beverage markets.