RE: Great update7 Nov 2024 08:28
CEO Sounds almost sounds Excited
Reading thru the rest , it would appear no more fund raising for awhile.
Hopefully allow them back to 6p level, were the last funds were raised.....
Only my opinion - I do hold
Sean Smith, Chief Executive Officer of Eden Research plc, commented:
"It is good to note that 2024 is expected to result in another year of sizeable growth for Eden.
I believe strongly that the Company is investing intelligently in its current and future portfolio of products and that we are now clearly starting to see the benefit of the investments that have been made over the past five years, including investments in product portfolio expansions, internal capacity and addressable market growth for our first two products.
While we are confident in our regulatory strategy and satisfied with the progress we have made to date, the regulatory hurdles in the agrochemicals market are ever increasing, even for sustainable products like Eden's. These hurdles result in lengthening of our time-to-market, but we must remember that the industry, as a whole, faces the same challenges, and Eden is well-equipped to benefit substantially in the coming years from the changing landscape. This notwithstanding, the increasing number of products in our portfolio are competitive and show good efficacy, and with numerous approvals having already been granted, and with more still to come, I believe Eden is well positioned to capitalise on this evolving and dynamic market.
Mevalone and Cedroz are already well entrenched in growers' practices and Ecovelex should, in the relatively short term, become a market leader. However, the opportunity for the insecticide product could well surpass anything else we have done to date, and this is exciting for all of us.
I look forward to updating shareholders throughout the year with news of the progress we expect to make."
Sign In
Follow the stocks
