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Stemcell United Ltd. ( (AU:BP8) ) has shared an announcement.
BPH Global Limited has made significant strides in its December quarter by securing various funding sources, including investments from Mr. Rajiv Ramnarayan and other investors, to support its working capital and the development of its Indonesian seaweed project. The company has also completed a joint venture agreement for this project, aiming to expand its seaweed cultivation and research initiatives, including the exploration of blockchain technology and AI-enhanced extraction methods. Additionally, the renewal of its R&D consultancy agreement with Gaia Mariculture and a new agreement with Temasek Polytechnic highlight its commitment to innovation and sustainable practices. These developments position BPH Global Limited to strengthen its market presence and explore new business opportunities in the biotechnology sector.
More about Stemcell United Ltd.
BPH Global Limited is a plant-based biotechnology company focused on developing and expanding its seaweed and bird’s nest businesses. The company is engaged in cultivating and harvesting seaweed for sale in ASEAN food markets, production of bio stimulant seaweed products for the Indian market, and extraction of nutraceuticals for various industries. Additionally, they are involved in research and development projects for mineral extraction and biohydrogen production.
Current Market Cap: €578.3K
Learn more about BP8 stock on TipRanks’ Stock Analysis page.
