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Marrone Bio Innovations gaining market share, new distribution deal with biofungicide Regalia

Marrone Bio Innovations Inc (NASDAQ:MBII) CEO Pam Marrone tells Proactive its flagship biofungicide Regalia trounced competition by cornering over 25% market share of the foliar biofungicide segment in California between January-to-April, citing data from the California Department of Pesticide Regulation (CDPR).

What's more, Marrone says the California-based company recently inked South Africa distribution deal for Regalia, allowing Marrone Bio to capitalize on its product portfolio and expand its global footprint.

Quick facts: Marrone Bio Innovations

Price: 1.09 USD

NASDAQ:MBII
Market: NASDAQ
Market Cap: $162.55 m
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