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Pin to quick picksPlant Health Regulatory News (PHC)

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New Commercial Distribution Agreements

14 Dec 2016 07:00

RNS Number : 7736R
Plant Health Care PLC
14 December 2016
 

PLANT HEALTH CARE PLC

 

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

 

New Commercial Distribution Agreements

Plant Health Care® (AIM: PHC), a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to announce four new commercial distribution arrangements, which together represent important progress in driving sales growth in 2017 and beyond.

 

- Plant Health Care has reached agreement with Talc U.S.A. to launch Inceptive™, a novel product containing PHC's patented Harpin 𝜶β technology, which will be mixed with a Talc U.S.A. seed lubricant for corn seed treatment in the USA. Inceptive has been shown in replicated trials to bring substantial benefits on corn such as improved vigour, heightened defense responses and increased yield. This agreement will provide PHC with additional access to the 90 million acre corn market in the USA.

 

- Plant Health Care conducted a product demonstration programme, in conjunction with the Florida Fruit & Vegetable Association, to promote the use of PHC's Employ® product (containing PHC's patented Harpin 𝜶β technology), aimed at reducing the impact of fruit drop in the presence of citrus greening, caused by the Huang Long Bing (HLB) bacterium. This disease has caused devastating damage in citrus in Florida over the last four years, with up to 80% of trees across the state reported as affected. Use of Employ has been shown in replicated trials to reduce losses by more than 10% in the presence of citrus trees infected by HLB. Based on these encouraging results, PHC will be distributing Employ in Florida directly with regional distributors.

 

- Plant Health Care has reached agreement with EDAF Unipessoal LDA, to distribute Plant Health Care's proprietary ProAct® and Myconate® products in Portugal.

 

- Plant Health Care continues to build on its recent success in South Africa with its Harpin 𝜶β and Myconate products and is now preparing to expand distribution to 23 countries in sub-Saharan Africa through its distribution agreement with DuxAgri (Pty) Ltd. Plant Health Care is creating significant momentum in the region by concentrating sales to higher value crops, such as sugar cane, vegetables, citrus, pears and macadamia nuts which all receive multiple product applications per year.

 

Dr Chris Richards, Executive Chairman and Interim CEO of Plant Health Care, commented: "Over the last three years, we have steadily built compelling evidence of the efficacy of products based on the Company's patented Harpin technology. The distribution arrangements announced today reflect further progress in developing sales of the product in significant markets. We expect that these agreements, together with other projects in progress, will drive strong sales growth of products based on Harpin over the coming years."

 

Enquiries:

 

Plant Health Care plcDr Chris Richards, Executive Chairman and Interim CEOTel: +44 1837 880083

 

Liberum Capital - Nomad and BrokerClayton Bush / Chris ClarkeTel: +44 (0) 20 3100 2000

Company website: www.planthealthcare.com

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGRLXLLFQLFFFBE
Date   Source Headline
14th Nov 20187:00 amRNSPositive Developments with Harpin
8th Nov 20187:00 amRNSChange of Adviser
5th Nov 20187:00 amRNSHolding(s) in Company
18th Sep 20187:00 amRNSInterim Report ended 30 June 2018
12th Sep 20187:00 amRNSUS Announces Harpin aß Product Launch in Corn
20th Aug 20187:00 amRNSBlock listing Interim Review
30th Jul 20187:00 amRNSUpdate on sugarcane in Brazil
16th Jul 20187:00 amRNSTrading Statement
6th Jun 20182:39 pmRNSHolding(s) in Company
6th Jun 201811:14 amRNSResult of AGM
30th May 20187:00 amRNSGrant of Options
4th May 20185:59 pmRNSHolding(s) in Company
30th Apr 20183:11 pmRNSPublication of Annual Report and Notice of AGM
10th Apr 20187:00 amRNSResults for the year ended 31 December 2017
8th Mar 20187:00 amRNSBlock listing Interim Review
7th Mar 20183:07 pmRNSHolding(s) in Company
7th Mar 20183:06 pmRNSHolding(s) in Company
7th Mar 20183:02 pmRNSHolding(s) in Company
2nd Mar 20185:48 pmRNSHolding(s) in Company
27th Feb 20184:12 pmRNSResult of Placing and Subscription
27th Feb 20187:00 amRNSProposed Placing and Subscription
24th Jan 20187:00 amRNSTrading Statement
12th Dec 20177:00 amRNSNew Technology Update
8th Dec 20174:35 pmRNSPrice Monitoring Extension
6th Dec 20174:40 pmRNSSecond Price Monitoring Extn
6th Dec 20174:35 pmRNSPrice Monitoring Extension
18th Sep 20177:00 amRNSHalf-year Report
21st Aug 20177:00 amRNSBlock listing Interim Review
3rd Aug 20177:00 amRNSHolding(s) in Company
12th Jul 20174:09 pmRNSGrant of options
30th Jun 20173:30 pmRNSHolding(s) in Company
15th Jun 20177:00 amRNSDirector/PDMR Shareholding
8th Jun 20174:35 pmRNSPrice Monitoring Extension
6th Jun 20177:00 amRNSNew Technology Update
31st May 20177:00 amRNSDirector/PDMR Shareholding
26th May 20177:00 amRNSDirector/PDMR Shareholding
22nd May 20177:00 amRNSGrant of options
11th May 201712:50 pmRNSResult of AGM
27th Apr 20177:00 amRNSPublication of Annual Report and Notice of AGM
10th Apr 20177:00 amRNSResults for the Year Ended 31 December 2016
5th Apr 20174:49 pmRNSChange of Registered Office
5th Apr 20177:00 amRNSHolding(s) in Company
5th Apr 20177:00 amRNSHolding(s) in Company
20th Feb 20177:01 amRNSDirector/PDMR Shareholding
20th Feb 20177:00 amRNSBlock listing Interim Review
8th Feb 20177:00 amRNSHolding(s) in Company
18th Jan 20177:02 amRNSResearch Update
18th Jan 20177:00 amRNSTrading Statement
19th Dec 20164:40 pmRNSSecond Price Monitoring Extn
19th Dec 20164:35 pmRNSPrice Monitoring Extension

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