Mosaic (MOS) Bets On Enzymes While Its Core Business Bleeds
On August 17, Mosaic Biosciences, a unit of The Mosaic Company (NYSE:MOS), launched Renuvis Enzara, an enzyme-based treatment meant to speed up how fast crop residue breaks down after harvest. The launch landed less than two weeks after Mosaic reported a second-quarter net loss of $273 million, a sharp reversal from the $411 million profit […]
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