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Plant Impact in Bugoil global licensing deal discussions

The UK plant health technology company, Plant Impact (PI - Preston, Lancashire), is in “exclusive detailed discussions with one of the world’s top ten agrochemical companies” for the global licensing of its essential oil-based insecticide, BugOil, by signing of a non-binding letter of intent. The discussions also include a potential loan agreement of £750,000 ($1.1 million at the current rate).

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