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Bio-Gene Technology Ltd. ( (AU:BGT) ) has issued an announcement.
Bio-Gene Technology Ltd. has been awarded two grants totaling A$3.0 million from the U.S. Department of Defense’s Deployed Warfighter Protection program. These grants will support the development of innovative insect control products using Flavocide® and Qcide® targeting military and civilian markets. The funding enhances Bio-Gene’s industry positioning by validating its novel technology in the insecticide sector, potentially offering improved protection against disease-carrying pests for military personnel and the public.
More about Bio-Gene Technology Ltd.
Bio-Gene Technology Limited is an Australian company that focuses on developing new insecticides derived from nature. The company’s primary products include Flavocide® and Qcide®, which are aimed at achieving high impact in the insecticide market worldwide.
YTD Price Performance: -34.88%
Average Trading Volume: 82,478
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.64M
For an in-depth examination of BGT stock, go to TipRanks’ Stock Analysis page.
