We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksPlant Health Regulatory News (PHC)

Share Price Information for Plant Health (PHC)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 3.82
Bid: 3.60
Ask: 3.88
Change: 0.00 (0.00%)
Spread: 0.28 (7.778%)
Open: 3.82
High: 0.00
Low: 0.00
Prev. Close: 3.82
PHC Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

First US patent issues for PREtec peptide products

23 Jan 2020 07:00

RNS Number : 6559A
Plant Health Care PLC
23 January 2020
 

23 January 2020

 

PLANT HEALTH CARE plc

("Plant Health Care" or the "Company")

 

First US patent issues for PREtec peptide products

 

Plant Health Care®, a leading provider of novel patent-protected biological products to global agriculture markets with a strong track record of successful commercialisation of new technologies, is pleased to announce the granting of the first US patent on its novel PREtec peptide technology.

 

Highlights:

- Plant Health Care has filed more than 50 patent applications worldwide for its PREtec peptide technology since 2012

- The first of these patents has now been granted by the US Patent and Trademark Office (USPTO)

- The patent provides protection for a series of PREtec peptides in a wide range of agricultural uses

- Additional patents are expected to be granted over the coming months

- The Company is planning to commercialise PREtec peptides into market opportunities worth more than $5bn

 

Plant Health Care is developing novel peptide products from the PREtec (Plant Response Elicitor) platform. These products act as 'vaccines for plants'; they stimulate the plant to defend itself from stress, such as disease and drought, leading to better quality and higher yield at harvest. Derived from natural proteins, PREtec peptides are a novel, environmentally friendly approach to protecting crops and increasing yields, compatible with mainstream agricultural practices. The Company is initially targeting market opportunities worth more than $5bn.

US patent No. 10,470,461, issued November 12, 2019, claims a large number of unique response elicitor peptides, as well as their use in combination with other agricultural products to enhance disease resistance, improve plant growth, and impart tolerance to both biotic stresses and abiotic stresses such as heat, drought, and excess soil salinity.

 

Zhongmin Wei, Ph.D., Chief Scientific Officer for Plant Health Care and inventor of the PREtec technology said, "I am pleased that the USPTO has recognized the patentability of the response elicitor peptide sequences and their use for agricultural production. This is the first of a series of patents that we expect will issue shortly. Plant Health Care is carving out a dominant patent position around the use of response elicitor peptides in agriculture."

 

Chris Richards, CEO of Plant Health Care, said, "Receiving this patent is another significant milestone in our path to bringing PREtec peptides to commercial sales. Alongside our recently announced progress at scaling up manufacture of our lead peptide, PHC279, and the exciting results shown for the control of Asian Soybean Rust (ASR) in Brazil, this further boosts our confidence about the commercial potential for PREtec based products. We are preparing to launch this novel technology directly to markets in USA, Brazil and other countries, once regulatory permits are in place."

 

 

For further information, please contact:

Plant Health Care plc

Chris Richards, CEO Tel: +1 919 926 1600

Jeff Tweedy, COO Tel: +1 919 926 1600

Arden Partners plc - Nomad and Broker

John Llewellyn-Lloyd / Dan Gee-Summons (Corporate Finance) Tel: +44 (0) 20 7614 5900

Fraser Marshall (Equity Sales)

Company website: www.planthealthcare.com

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
NRAGZGZMGZFGGZZ
Date   Source Headline
14th Dec 20164:40 pmRNSSecond Price Monitoring Extn
14th Dec 20164:35 pmRNSPrice Monitoring Extension
14th Dec 20167:00 amRNSNew Commercial Distribution Agreements
30th Nov 20167:00 amRNSDirectorate Change
17th Oct 20167:00 amRNSDirectorate Change
14th Sep 20167:00 amRNSHalf-year Report
31st Aug 20164:30 pmRNSTotal Voting Rights
23rd Aug 20162:54 pmRNSHolding(s) in Company
23rd Aug 20167:00 amRNSBlock listing Interim Review
23rd Aug 20167:00 amRNSDirector/PDMR Shareholding
22nd Aug 20163:44 pmRNSHolding(s) in Company
22nd Aug 20163:38 pmRNSHolding(s) in Company
16th Aug 201611:41 amRNSResult of General Meeting, Placing & Open Offer
29th Jul 20167:00 amRNSProposed Placing, Subscription and Open Offer
7th Jun 20167:00 amRNSProgress on New Technology Builds Momentum
23rd May 20163:09 pmRNSResult of AGM
17th May 20163:45 pmRNSChange of Registered Office Address
25th Apr 20167:00 amRNSAnnual Financial Report
8th Apr 20167:00 amRNSAnnual Financial Report
22nd Feb 20167:00 amRNSBlocklisting Interim Review
2nd Feb 20167:00 amRNSReduced Disclosure Framework
29th Jan 20167:00 amRNSTrading Statement
2nd Dec 20157:00 amRNSPHC Expands Distribution Agreement with Sym-Agro
1st Dec 20157:00 amRNSPHC notification of major interest in shares
30th Nov 20157:00 amRNSPHC and Arysta LifeScience Terminate Agreement
30th Oct 20151:21 pmRNSTotal Voting Rights
30th Sep 20153:47 pmRNSTotal Voting Rights
25th Sep 20157:00 amRNSRe Agreement
14th Sep 20157:00 amRNSHalf Yearly Report
19th Aug 20157:00 amRNSBlocklisting Interim Review
13th Jul 20157:00 amRNSPHC Granted Product Registration in Brazil
18th Jun 20157:00 amRNSDirector/PDMR Shareholding
17th Jun 20152:20 pmRNSResult of AGM
2nd Jun 20157:00 amRNSRe Agreement
6th May 20157:01 amRNSPlant Health Care Hires Jeff Tweedy
30th Apr 20153:02 pmRNSTotal Voting Rights
22nd Apr 20153:05 pmRNSTR1: Notificiation of Major Interest in Shares
17th Apr 20157:00 amRNSDIRECTORS' DEALING
15th Apr 20157:00 amRNSAnnual Report 2014 and Notice of AGM
8th Apr 20157:00 amRNSRe Agreement
30th Mar 20157:00 amRNSAnnual Financial Report
27th Mar 20157:00 amRNSDirectorate Change
5th Mar 201512:30 pmRNSPlant Health Care signs Distribution Agreement
20th Feb 20155:48 pmRNSBlocklisting Interim Review
17th Feb 20154:03 pmRNSHolding(s) in Company
30th Jan 20157:00 amRNSBoard changes and trading update
15th Dec 20141:51 pmRNSTR-1: Notification of Major Interest in Shares
5th Dec 20147:00 amRNSPHC Signs Agreement With Arysta LifeScience
19th Nov 20147:00 amRNSPlant Health Care Hires LHA
11th Nov 20144:05 pmRNSHolding(s) in Company

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.