Hybrid In Advanced Discussions With Partner For Joint Development LOI - $35B Sector
Hybrid’s non-isocyanate polyurethane technology targeted at a $35 billion sector. Based on the advanced discussions, the partner would pay a portion of the development costs and then would have exclusivity for the respective sector. Other terms are still being discussed. “We are very pleased to be working to finalize an agreement with yet another partner,” said Joseph Kristul, President and CEO, “In the past twelve months, we have made significant progress including entering into three agreements, launching a product with a fourth partner and entering into final discussions with two additional partners.”
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