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To achieve our objectives, the Macrolide Pharmaceuticals team of drug development experts utilizes groundbreaking synthetic chemistry initially developed by Professor Andrew Myers at Harvard University. The company was founded in 2015.
In 2012 Myers sold his single biggest consignment of 15,000 tons at $50 per ton (with the government getting $2 per ton in royalties) to a start-up company called US Aragonite. But within a couple of years oil prices fell, other plastics manufacturing processes became more cost-effective, and US Aragonite went bust.