Voyageur Pharma proves Mueller iodine extraction process, hits 99.8% purity in lab tests
Reuters2026/09/09 11:33- Voyageur Pharmaceuticals reported lab production of 99.8% purity iodine from Anadarko Basin produced water using its Mueller extraction process.
- Results supported Bayer’s decision to advance the program, triggering Milestone Payment I of USD 1 million under the February 10, 2026 agreement.
- A transportable pilot plant is nearing completion, with field operations scheduled for this fall to generate data for Fluor’s FEL-3 study.
- Total cash received from Bayer reached USD 1.35 million, with a remaining USD 1 million tied to completion of the feasibility study.
- Project concept targets 1,000 tonnes per year of iodine, with an initial 200 tonnes per year modular rollout and central refining to USP grade.
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