Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEden Regulatory News (EDEN)

Share Price Information for Eden (EDEN)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 4.65
Bid: 4.50
Ask: 4.80
Change: 0.00 (0.00%)
Spread: 0.30 (6.667%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 4.65
EDEN Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Grant of Patent

17 May 2012 11:25

RNS Number : 5694D
Eden Research plc
17 May 2012
 



 

EDEN RESEARCH PLC

("Eden" or "Company")

 

Grant of Patent

 

Eden Research plc, the agrochemical and encapsulation development company, announces that is has received notification from the African Regional Intellectual Property Organization (ARIPO) of its intention to grant a patent for the use of terpenes encapsulated in hollow glucan particles for killing insects and arachnids.

 

The Patent will be applicable across 15 ARIPO member states and these designated states have been notified of the decision to grant the patent.

 

The patent will be granted provided that the grant and publication fees are paid to ARIPO before the deadline of 15 June 2012 and subject to any objections raised before 15 September 2012.

 

About ARIPO

ARIPO was created in 1976 to promote the development of Intellectual Property laws appropriate to the needs of its members, establish common services and training schemes, assist its members in the acquisition and development of technology and the evolving of common views on Intellectual Property matters.

 

Membership of ARIPO is open to all member states of the African Union (AU) or of the United Nations Economic Commission for Africa (ECA).

 

The ARIPO member states where the patent will be applicable are: Botswana, The Gambia, Ghana, Kenya, Lesotho, Malawi, Mozambique, Namibia, Sierra Leone, Sudan, Swaziland, Uganda, United Republic of Tanzania, Zambia and Zimbabwe. The remaining member states: Liberia, Rwanda and Somalia became members of ARIPO after the patent application was filed.

 

Clive Newitt, Managing Director of Eden said, "The granting of this patent will be useful not only to our existing licensees, but also to other prospective licensees based in Africa. The granting of a patent in such a large and important area of food and crop production inherently adds real value and strength to Eden's intellectual property and business proposition."

 

 

Eden Research plc

www.edenresearch.com

Clive Newitt, Managing Director

Tel: 01993 862 761

Alex Abrey, Chief Financial Officer

Zeus Capital Limited

Tel: 0161 831 1512

Ross Andrews, Andrew Jones, Brian Stockbridge

Walbrook PR Ltd

Tel: 020 7933 8780

Paul McManus (Media Relations)

Mob: 07980 541 893 or paul.mcmanus@walbrookpr.com

Paul Cornelius (Investor Relations)

Mob: 07827 879 496 or paul.cornelius@walbrookir.com

 

 

 

Notes:

Eden is an early stage revenue company with intellectual property and expertise in encapsulation, terpenes and environmentally friendly technologies to provide naturally occurring solutions to the global agrochemicals industry, the animal health industry, and consumer products.

 

Eden's encapsulation technology harnesses the biocidal efficacy of naturally occurring chemicals produced by plants (terpenes) and can also be used with hydrophobic compounds both natural and synthetic. The technology uses yeast cells to deliver a slow release of natural compounds for agricultural and non-agricultural uses. Terpenes are already widely used in the food flavouring, cosmetic and pharmaceutical industries.

 

Historically, terpenes have had limited commercial use in the agrochemical sector due to their volatility, phytotoxicity and poor solubility. Eden's platform encapsulation technology provides a unique, environmentally friendly solution to these problems and enables terpenes to be used as effective, low-risk agrochemicals.

 

With leading consultants in their respective fields, the Company is developing these technologies through innovative research and a series of commercial production, marketing and distribution partnerships.

 

The Company has a number of patents and has a pipeline of products at differing stages of development targeting specific areas of the global agrochemicals industry. To date, the Company has invested in the region of £12m in developing and protecting its intellectual property. Revenues earned by the Company have been modest (2010: £172,000; 2011: £91,000) whilst the Company has concentrated on securing patent protection for its intellectual property, identifying suitable industrial partners and entering into licence agreements.

 

Eden was admitted to trading on AIM on 11 May 2012 and trades under the symbol EDEN.

 

For more information about Eden, please visit www.edenresearch.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCBKODBKBKDQPD
Date   Source Headline
15th Mar 20137:00 amRNSMaster Encapsulation Patent Granted in Europe
15th Feb 20131:59 pmRNSHolding(s) in Company
15th Feb 201310:14 amRNSHolding(s) in Company
15th Feb 201310:00 amRNSHolding(s) in Company
8th Feb 20137:00 amRNSPlacing to raise £1.1m
4th Dec 201212:25 pmRNSDirector/PDMR Shareholding
4th Dec 20127:00 amRNSDirectorate Change
29th Nov 20127:00 amRNSChange of Adviser
27th Nov 20127:00 amRNSAustralian Patent Expansion
9th Nov 20127:00 amRNSNotice of Acceptance of patent in Australia
17th Oct 201210:30 amRNSEU registration milestone reached
27th Sep 20127:00 amRNSHalf Yearly Report
13th Sep 20127:55 amRNSUpdate on Certis Europe
14th Jun 20127:00 amRNSDirector/PDMR Shareholding
12th Jun 201210:43 amRNSResult of AGM
12th Jun 20127:00 amRNSAGM Statement and Business Update
21st May 20124:03 pmRNSPublication of Annual Report and AGM Details
17th May 20121:40 pmRNSHolding(s) in Company
17th May 201211:25 amRNSGrant of Patent
11th May 20128:00 amRNSAIM Admission

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.