BEE VECTORING TECHNOLOGIES INTERNATIONAL INC. Bee Vectoring Technologies International Inc. announced its first sales order of BVT's Clonostachys rosea CR-7 (CR-7) proprietary microbe for use in the foliar application market. This groundbreaking deal is with BioSafe Systems, an industry leader in environmentally sustainable products. This is the result of an earlier announcement of a commercial agreement between BVT and BioSafe to develop and market end-use biological products for plant health and control of foliar and soil diseases.
This inaugural sale of technical-grade CR-7 marks BVT's entry into the foliar business. BioSafe will take CR-7, use it to create a proprietary formulation and sell it to their distribution network in the foliar market. BVT will receive a royalty for every BioSafe sale.
The deal with BioSafe is a key milestone in BVT's ongoing corporate expansion strategy.
