PEI-Based Nautilus Bought by Croda

Charlottetown-based Nautilus Biosciences Canada Inc., a marine biotechnology company, said Monday it has been purchased by the British specialty chemical-maker Croda International Plc for an undisclosed price.
Founded in 2007 by University of Prince Edward Island Professor Russell Kerr, Nautilus focuses on using marine microbial organisms to discover new bio-medical materials and other products.