Eden Research plc (AIM: EDEN), the AIM listed company that develops and supplies breakthrough biopesticide products and natural microencapsulation technologies to the global crop protection, animal health and consumer products industries, is pleased to announce that its commercial partner, Eastman Chemical Company ("Eastman"), has received authorisation for Eden's nematicide formulation, marketed as Cedroz by Eastman, from the Regulatory Affairs Directorate in Malta. Malta is acting as the zonal rapporteur Member State for the Southern EU agricultural zone and on behalf of a number of EU countries for indoor uses.
Cedroz is an innovative and natural solution designed to fight nematodes, a species that is known to cause severe damage to crops globally for both open field and greenhouse growers, resulting in yield losses and increasing farmers costs. Malta has authorised the use of Cedroz on a wide range of crops, including cucumbers, courgettes, melons, aubergine, peppers, tomatoes and strawberries.
In line with consumer demand and a regulatory push for "safer" products, Cedroz is an attractive alternative for farmers looking to fight nematodes in an environmentally friendly way. Unlike many other products, Cedroz will have zero residues and a zero-day pre-harvest interval, thereby allowing applications right up to harvest, if required.
Following the authorisation by Malta, the concerned Member States ("cMS") must grant their individual approvals for the sale and use of Cedroz within their jurisdictions. The pending approvals will cover Spain and Italy, for outdoor uses and will also cover France, Belgium, the Netherlands and the United Kingdom, as well as Spain and Italy, for professional greenhouse uses. Once approved, Cedroz will be the first of Eden's formulations to be sold and used in the United Kingdom, where the company is headquartered.
Sean Smith, Chief Executive Officer of Eden, said: "Following Eden's initial investment in the formulation of this important product , Eastman has invested significant resource over the past three years in the further development of Cedroz, and it is pleasing to see our collective efforts coming to fruition.
"Traditional crop protection products are increasingly coming under threat from global regulatory pressures , based upon the potential impact these products may have on the environment. There is significant demand for biopesticides as an alternative measure, due to its safe nature and the absence of pesticide residue and we are looking forward to working with Eastman to capitalise on this growing demand and helping them to launch the product in a number of new territories, including the UK.
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......Sean Smith, Chief Executive Officer of Eden, said: "We are pleased that Sipcam wishes to expand the footprint it has to sell Mevalone in a number of additional territories which shows the confidence and belief that Sipcam has in 3logy and Eden's Sustaine technology.
"The United States, for example, is the largest market in the world for crop protection products and is a major producer of grapes. It is also the fourth largest wine producer in the world. We are pleased to be partnering with Sipcam to tackle the US market, as Sipcam has an experienced team in the US and is well-placed to commercialise Mevalone following receipt of regulatory approval. We anticipate authorisation at the national level in 2019 for our first two products, including Mevalone and our nematicide."
Sipcam exercises Option for new distribution agreements in additional territories
Eden Research plc (AIM: EDEN), the AIM listed company that develops and supplies breakthrough biopesticide products and natural microencapsulation technologies to the global crop protection, animal health and consumer products industries, is pleased to announce that its commercial partner, Sipcam Oxon SpA ("Sipcam") has exercised the option it holds in all of the territories covered by, and pursuant to, the Evaluation and Option agreement the two parties signed, as announced on 30th June 2017.
By exercising its option, and following Eden's receipt of the €0.9m option exercise fee, Sipcam will be appointed exclusive distributor of Eden's first fungicide product, known as Mevalone, in the USA, Brazil, Mexico, China, Argentina, Chile, Japan, and South Africa. Mevalone, which is currently sold throughout Europe and in Kenya, will be marketed by Sipcam following receipt of the requisite approvals in each country. Eden recently announced the appointment of Sipcam as its exclusive distributor of Mevalone in Australia and New Zealand, thereby bringing the total number of countries in which Sipcam is Eden's distributor to twelve. Sipcam is already the exclusive distributor of Mevalone in Italy and Spain (where it is sold as 3logy® and Araw®, respectively), and therefore has good product knowledge and insight into the grape fungicide market, making it well-positioned to commercialise Mevalone in new markets. The new distribution agreements covering China and Japan will mark Eden's first entry into the Far East and presents a significant opportunity as China is the largest grower of grapes in the world.
Sipcam will be able to sell Mevalone on an exclusive basis, primarily for the treatment of botrytis on grapes. Botrytis is a fungus that affects many plant species, but it is particularly problematic for grape growers due to the rapid progression of the disease and its significant impact on crop yield and wine quality. Mevalone has been proven to be highly effective in the fight against botrytis, and its efficacy compares favourably with the conventional chemical products that currently dominate the botryticide market, but without the concerns of pesticide residues, long pre-harvest intervals or disease resistance.
In addition to the new distribution agreements to be signed by the two parties, collaboration work continues with Sipcam in respect of Eden's natural microencapsulation technology, Sustaineâ„¢, which is being assessed for synergy with a number of active ingredients used in crop protection. Using the Sustaine technology potentially brings a number of advantages to existing conventional and natural active ingredients such as enhanced efficacy, formulation stability, patent protection, time-release and resistance management.
Sean Smith, Chief Executive Officer of Eden, said: "We are pleased that Sipcam wishes to expand the footprint it has to sell Mevalone in a
"New website"
https://www.eastman.com/Pages/Cedroz-Overview.aspx
The group's business segments are being reduced from six to five. These will be:
- polymers, comprising fibers, plastics, rubber, coating and special raw materials, polyurethanes and the affiliate Wolff Walsrode; - chemicals, grouping together inorganics, organic chemicals, specialty products and the affiliates Dystar, Erdolchemie, Haarmann & Reimer and H C Starck; - health care, consisting of consumer care, diagnostics and pharmaceuticals; - agriculture, made up of crop protection and animal health; and - Agfa, which will consist of photographic products, graphic systems and technical imaging systems.
Eastman highly commended at Agrow Awards.
Eastman highly commended at prestigious Agrow Awards for Eden's nematicide formulation, Cedroz
Eden Research plc (AIM: EDEN), the AIM listed company that develops and supplies breakthrough biopesticide products and natural microencapsulation technologies to the global crop protection, animal health and consumer products industries, is pleased to announce that its commercial partner, Eastman Chemical ("Eastman"), has been highly commended in the 'Best New Biological Product' category at the 11th Agrow Awards in London last night. The accolade was given for Eden's nematicide formulation, Cedroz.
The Agrow Awards is a highly prestigious global event, celebrating excellence among companies, teams, and individuals in the crop protection and seed sector.
Cedroz is an innovative and nature-identical product formulated and patented by Eden Research plc and developed in conjunction with Eastman as a post-planting solution to the problem of root-knot nematodes (Meloidogyne spp.) in Solanaceae and Cucurbitaceae crops. Cedroz is a water-based formulation of the terpenes thymol and geraniol, which are encapsulated using Eden's Sustaine system, a natural microencapsulation system that enables the use of otherwise difficult-to-use active ingredients.
In line with the ever-increasing consumer demand for 'safe' products, Cedroz is an attractive alternative for farmers looking to fight nematodes in an environmentally friendly way. With registration files under evaluation, it is expected that the product will have zero residues and a zero-day pre-harvest interval, thereby allowing applications right up to harvest, if desired. Cedroz offers farmers ease of use, since it is applied using the existing irrigation system. The two multi-site active ingredients not only work synergistically, thereby maximising efficacy on the target pest, but also offer a robust anti-resistance strategy. As no resistance is foreseen, effective repeated use is possible.
Sean Smith, Chief Executive Officer of Eden, said: "We are delighted that Eastman's efforts to commercialise Cedroz have been recognised through being high commended for the best new biological product. Eastman has been an excellent partner for us, investing significant resources and capital to advance the commercialisation of Cedroz. We congratulate the Eastman team involved in these efforts and look forward to our ongoing collaboration with them in advancing Cedroz and exploring new opportunities."
What happened to the link?
https://twitter.com/ABIM_Biocontrol
Exclusive distribution agreement signed for Australia and New Zealand.
Eden Research plc (AIM: EDEN), the AIM listed company that develops and supplies breakthrough biopesticide products and natural microencapsulation technologies to the global crop protection, animal health and consumer products industries, announces that it has signed an exclusive distribution agreement ("Agreement") with Sipcam SpA ("Sipcam") for its fungicide product (the "Product") to be sold in Australia and New Zealand. The Product, which is currently sold in Europe and Africa, will be marketed by Sipcam in Australia and New Zealand under the trade name "Novellus" following receipt of the requisite approvals. In conjunction with the distribution agreement, the application for the registration of Novellus has been submitted to the Australian regulatory authorities and the process is anticipated to be completed in time for the 2020 growing season.
The Agreement allows Sipcam to sell Novellus in Australia and New Zealand on an exclusive basis, primarily for the treatment of botrytis on grapes. Botrytis is a fungus that affects many plant species, but it is particularly problematic for grape growers due to the rapid progression of the disease and its significant impact on crop yield and wine quality. Sipcam is already the exclusive distributor for the Product in Italy and Spain, and therefore has good product knowledge and insight into the grape fungicide market, making it well-positioned to commercialise the Product in a market with significant potential.
Australia and New Zealand are both major producers of grapes and wine, with Australia being included in the world's top ten. The need for an effective product for the treatment of botrytis is well-known in both countries and is even more important after the removal of iprodione for sale in Europe. As much of Australia's wine is exported, the Australian Wine Research Institute (AWRI) has stated that products containing the active constituent iprodione are no longer recommended for use on Australian grapes destined for export.
Sean Smith, Chief Executive Officer of Eden, said: "There is a clear opportunity for Novellus to help growers control botrytis in Australia and New Zealand. The fact that Novellus can also be used close to harvest will provide a valuable replacement for iprodione. We are pleased to be taking the first step toward expanding the existing relationship we have with Sipcam, who has already proven to be a good commercial partner for the Product in Italy and Spain. We anticipate the further expansion of our relationship with Sipcam in due course as our collaboration continues under the various agreements signed last year."