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WILLOW BIOSCIENCES ANNOUNCES NEW FUNDED BIOPESTICIDES RESEARCH AND DEVELOPMENT PARTNERSHIP AFTER SUCCESSFULLY COMPLETING FEASIBILITY STUDY
WILLOW BIOSCIENCES ANNOUNCES NEW FUNDED BIOPESTICIDES RESEARCH AND DEVELOPMENT PARTNERSHIP AFTER ...
About this update from Atlas Energy Corp.
[{"type":"text","content":"\n\n\n\n WILLOW BIOSCIENCES ANNOUNCES NEW FUNDED BIOPESTICIDES RESEARCH AND DEVELOPMENT PARTNERSHIP AFTER SUCCESSFULLY COMPLETING FEASIBILITY STUDY\n \n\n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n \n\n\n\n\n\n Canada NewsWire\n \n\n\n\n\n After a successful feasibility study, Company expands into the high growth biopesticide sector with a funded research and development program to produce valuable natural ingredients using its precision fermentation platform\n \n\n\n\n Program expected to generate over\n \n $2 million\n \n in revenue in first year with guaranteed payments of over\n \n $1 million\n \n in 2024\n \n\n\n\n Company now anticipates\n \n\n revenue of over\n \n $4 million\n \n in 2024 on existing programs\n \n\n\n\n SUNNYVALE, Calif.\n \n ,\n \n Aug. 7, 2024\n \n /CNW/ - Willow Biosciences Inc. (\"\n \n Willow\n \n \" or the \"\n \n Company\n \n \") (TSX: WLLW) (OTCQB: CANSF), a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent, and sustainable ingredients, announces that it has signed a fully funded strain engineering program (the\n \n \"Program\"\n \n ) with an innovative Ag-Biotech company in the biopesticides sector.\n \n\n\n\n\n\n\n\n\n \"This is truly an exciting partnership for Willow, as it not only comes with significant near-term research and development and future commercial milestone payments, but also extends our technology and capabilities into the high growth biopesticide sector,\" said Dr.\n \n Chris Savile\n \n , Willow's President & CEO. \"I am once again impressed with our team and technology platform for quickly demonstrating proof-of-concept and progressing to a full development partnership,\" continued Dr. Savile.\n \n\n On\n \n June 26, 2024\n \n , the Company announced a feasibility program with an innovative Ag-Biotech company in the biopesticides sector. Today, the Company announced that after successfully completing the feasibility phase, it has now signed a funded research and development agreement (the\n \n \"Agreement\"\n \n ). The Progra...