Moolec Science Secures Major Deal for Patented GLA Safflower Oil with Leading Pet Food Company
Portfolio Pulse from Benzinga Newsdesk
Moolec Science SA (NASDAQ:MLEC) has signed a three-year offtake agreement with a major global consumer packaged goods and pet food company for its patented GLA Safflower Oil product, GLASO™. The agreement includes an initial estimated volume of 50 tons for 2025.
July 15, 2024 | 10:09 am
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Moolec Science SA has signed a significant three-year offtake agreement with a major global consumer packaged goods and pet food company for its GLA Safflower Oil product, GLASO™. This deal is expected to boost Moolec's revenue and market presence.
The agreement is a major milestone for Moolec Science, providing a stable revenue stream and enhancing its market presence in the pet food industry. The initial volume of 50 tons in 2025 indicates a strong demand for their product.
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