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Moolec Science SA Ordinary Shares - $MLEC STOCK NEWS

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Moolec Science SA (NASDAQ: MLEC) announced the granting of a patent in the United States for its SPC2 product produced in safflower with Molecular Farming technology. This patent provides exclusivity until 2041, showcasing Moolec's innovative approach in the industrial biotech sector. The technology involves safflower plants engineered with DNA sequences to enhance bovine chymosin expression, paving the way for new proteins and products. Moolec's Chief Science Officer highlighted the significance of this patent in expanding opportunities for the company's safflower platform and driving innovation in sustainable biotechnology.

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3.65%
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Moolec Science SA (NASDAQ:MLEC) becomes the first molecular farming company to achieve USDA approval for plant-grown animal proteins. The approval of Moolec's genetically engineered soybean, Piggy Sooy™, marks a significant milestone in biotechnology, enabling the company to leverage science to address climate change and global food security concerns. The innovative ingredient is expected to revolutionize the food industry by offering a sustainable and nutritious alternative to traditional animal proteins.
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76.43%
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Moolec Science SA (NASDAQ:MLEC) provided its Business Update for the second quarter of Fiscal Year 2024, highlighting advancements in soybean seed propagation, bovine myoglobin gene confirmation in pea seeds, yeast strain development, product marketing at Gulfood 2024, and a Capital Raise of ~$30M. Despite a slight decline in revenues, the company maintains cost efficiency and operational cash utilization. Management expressed confidence in the company's financial position and growth prospects.
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Moolec Science SA (NASDAQ:MLEC) announced the release of its Business Update for the Second Quarter Fiscal Year 2024. The live Conference Call with key executives will take place on March 13, 2024, followed by a Q&A session and a presentation. Investors can access the webinar and presentation via the company's Investor Relations website.
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-0.09%
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Moolec Science SA (NASDAQ:MLEC) reported a business update for the first quarter of Fiscal Year 2024, highlighting a 92% QoQ revenue increase to $1.74 million, successful progress in scientific development, and operational milestones achieved in their Molecular Biology Lab. The company is preparing for commercialization and has seen positive results in the propagation of their soybeans, with high levels of porcine myoglobin protein confirmed for a second consecutive generation.
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-3.69%
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Moolec Science SA (NASDAQ:MLEC) will release its Business Update for the First Quarter Fiscal Year 2024 on December 14, 2023. The live Conference Call, hosted by CEO Gastón Paladini, CFO José López Lecube, and CSO Amit Dhingra, will provide insights into the company's performance and future plans.
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0.4%
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Moolec Science reports Business Update for Q4 FY2023, highlighting achievements and financial support
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0.74%
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Moolec Science to release Business Update for Fiscal Year 2023
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-6.67%
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Moolec Science announces agreements for convertible notes and supply agreement with Grupo Insud and Bioceres Crop Solutions
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Moolec Science, a food ingredient company focused on producing animal proteins in plants, has achieved an outstanding milestone in its Meat Replacements Program. Its new product, Piggy Sooy, produced a significantly high amount of pork protein, exceeding initial projections by 4x. This achievement has led to the renaming of the soybean platform to Piggy Sooy. Moolec has filed a new patent to secure a regulatory pathway. The breakthrough showcases the efficiency of plants in producing animal proteins, potentially improving the company's business model. Moolec also highlighted the potential for commercialization within the traditional meat industry.
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13.1%
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Moolec Science SA Ordinary Shares

Nasdaq:MLEC

MLEC Rankings

MLEC Stock Data

50.71M
17.68M
73.47%
0.03%
0.01%
Dog and Cat Food Manufacturing
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