Brief: Fermentalg, DDW Cross Milestone In BLUE ORIGINS Development
24/06/2021 06:39
June 24 (Reuters) - FERMENTALG SA FALG.PA :
* CROSSING MILESTONE IN DEVELOPMENT OF BLUE ORIGINS, ITS
NATURAL
BLUE FOOD COLORING, IN PARTNERSHIP WITH D.D. WILLIAMSON INC.
* TO PROVIDE THE FIRST PRE-COMMERCIAL SAMPLES IN 2022
* SUCCESS OF FIRST OBJECTIVE WILL TRIGGER, IN JULY, A
PAYMENT OF €
1 MILLION FROM D.D. WILLIAMSON TO FERMENTALG IN FORM OF A
REFUNDABLE ADVANCE ON FUTURE PRODUCTS DELIVERIES
Source text for Eikon: ID:nACT69822
Further company coverage: FALG.PA
(Gdansk Newsroom)
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