MBII: Marrone receives EPA approval for killing Coronaviruses on hard surfaces in the food industries.

By Ian Gilson, PhD, CFA

NASDAQ:MBII

READ THE FULL MBII RESEARCH REPORT

Marrone Bio Innovations’ (NASDAQ:MBII) product, Jet-Oxide 15% Sanitizer, is now allowed by the U.S. EPA for use against the human coronaviruses on hard surfaces in the food industry. It has also been used on vegetables and fruit. It can also be used during storage to prevent contamination.

The company also has a product, Jet Ag, that is used for the direct treatment of fruit and vegetables.

Jet Oxide has been approved for use on hard surfaces such as metal, plastics and glass in the food and agricultural industries where a virus could live for several days. It has been used on equipment and machinery used in the food processing industries. It was found to be effective against SARs.

A Form S-1 registration statement has been filed for the sale of 152,641,473 shares by existing shareholders, many of which were early investors. The company will not participate in the offering nor will it receive any proceeds from the sales of these shares.

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