TSXV: MGRO | OTCQB: MGROF | FRA: 0C0

Janssen PMP R&D Partnership

WHAT:

  • Exclusive trials in postharvest food preservation technology for fruits and vegetables (excl. grains and shipping containers)
  • Region: Global
  • Exclusive Evaluation and Option Agreement 

WHY:

  • Current chemicals under significant pressure from governments and consumers across the region
  • 33% of produce is lost or wasted after harvest annually (approximately US$1 trillion of loss)
  • Postharvest fungal and bacterial diseases can cause annual vegetable crop losses of 40–60%

NEXT STEPS:

  • Continued testing in multiple fruit and vegetables
  • Registration activities in multiple countries
  • Additional development work on new application methods

Source: 3rd Party Ag Market Researcher, MustGrow estimates.