BioHarvest signs exclusive 20-ton rare fragrance manufacturing and supply agreement
BHST BioHarvest Sciences Inc
$2.10 -17.97%
View chart & analysis → - 1BioHarvest Sciences (BHST) has signed an exclusive manufacturing and supply agreement with an undisclosed fragrance partner in the United Arab Emirates for the cell-culture production of rare and endangered plant ingredients.
- 2The deal grants exclusive rights through 2027-2028, with limited production planned for the first half of 2027 and a total of 20 tons, generating potential revenue of $20 million to $30 million upon delivery.
- 3The agreement extends an existing pact to manufacture sustainable rare premium fragrance materials, in which the company holds a 20% stake in the formulation.
This 3-line summary is compiled from the report below.
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