Bayer Makes First Milestone Payment to MustGrow Under Biocontrol Deal
Bayer AG made the first milestone payment to MustGrow under a December 2023 license and collaboration covering mustard-based biocontrol soil applications in Europe, the Middle East and Africa. The payment is tied to technical development milestones, and Bayer leads regulatory and market development, including product formulation work, regulatory studies, submissions, registrations, and support for sales. MustGrow expects about US$35–40 million over 5–7 years.