BioHarvest signs exclusive 20-ton rare fragrance manufacturing and supply agreement

BHST BioHarvest Sciences Inc

$1.62 -2.41%

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1. 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.
2. 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.
3. 3The agreement extends an existing pact to manufacture sustainable rare premium fragrance materials, in which the company holds a 20% stake in the formulation.

Source Newsfile Corp. +2 · View original ↗

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