Moolec Science Gains USDA Approval For Genetically Engineered Peas, Secures Milestone In Molecular Farming
Portfolio Pulse from Benzinga Newsdesk
Moolec Science SA (NASDAQ:MLEC) has received USDA approval for its genetically engineered peas, marking a significant milestone in Molecular Farming. This is the third regulatory clearance from USDA-APHIS for Moolec, following approvals for safflower and soybean. The approval allows Moolec to expand field trials and commercialization, positioning the company as a leader in innovative, sustainable food production.
October 16, 2024 | 10:04 am
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Moolec Science has received USDA approval for its genetically engineered peas, enhancing its position in Molecular Farming. This is the third USDA-APHIS approval for Moolec, allowing for expanded trials and commercialization.
The USDA approval is a significant regulatory milestone for Moolec, allowing the company to expand its field trials and move towards commercialization. This positions Moolec as a leader in the Molecular Farming sector, likely boosting investor confidence and positively impacting the stock price.
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