FMC Corp. (FMC) to acquire BioPhero
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FMC Corporation significantly expands biologicals platform with agreement to acquire BioPhero
June 29, 2022 4:34 PM EDTBioPhero brings new game-changing biologically produced pheromone technology to FMC's award-winning pipeline and product portfolio.FMC expects revenue from pheromones and pheromone-based insect control products of approximately $1 billion with above company-average EBITDA margin by 2030.BioPhero's patented fermentation process can manufacture sustainably advantaged pheromones at costs significantly lower than competitive processes.
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