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03-30-2007: Givaudan has entered into a joint venture agreement with ChemCom SA, a company in the field of olfactory receptor technology. The new company, named TecnoScent, will build on ChemCom's proprietary receptor technology and focus on the discovery and development of innovative fragrance ingredients. This partnership shall strengthen Givaudan's sensory innovation and technology platform by creating a unique center of expertise combining biotechnology and leading fragrance expertise and experience.

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