Last checked at 28 Oct 2022 07:00
RNS
28 October 2022
PLANT HEALTH CARE plc
("Plant Health Care" or the "Company")
Successful registration of Harpin αß in France
Plant Health Care® (AIM: PHC.L), a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to announce that Harpin αß has been successfully registered for use as a fertiliser in France by the Agence Nationale De Securitie Sanitaire (responsible for Food, Environmental and Occupational Health & Safety).
This is a major milestone for the Company. France is the largest agricultural producer in the European Union (EU) and this is the first registration of Harpin αß in Europe. France is one of the few countries in the EU which has a legal framework for biostimulant products. Harpin αß, under the trademark ProAct, has approval to commercialise in France until November 2030. Harpin αß is a recombinant protein that acts as a powerful biostimulant, improving the yield and quality of crops. The Company sells Harpin αß through specialist distributors around the world.
The mutual recognition mechanism will help expand the use of Harpin αß in other European countries. Europe is the world's largest market for sustainable agriculture with annual sales of over $2 billion.
Harpin αß has made significant market progress in the US and Brazil and, in the first six months to June 2023, sales of Harpin αβ grew 37% to $3.3 million.
Jeff Tweedy, CEO of Plant Health Care, said: ‟The registration of our core product Harpin αß in Europe's biggest agricultural market is fantastic news. Harpin αß is an environmentally friendly, and proven protein technology which improves plant growth and development resulting in higher quality and yields which is vital as the world becomes more concerned about food security."
For further information, please contact:
Plant Health Care plc Jeff Tweedy, CEO | +1 919 926 1600 |
Cenkos Securities plc - Nomad & Broker Neil McDonald / Pete Lynch | +44 (0) 131 220 9771 |
SEC Newgate (Financial Communications) Robin Tozer / Richard Bicknell / George Esmond | +44 (0)7540 10666 phc@secnewgate.co.uk |
About Plant Health Care
Plant Health Care offers products to improve the health, vigour and yield of major field crops such as corn, soybeans, potatoes and rice, as well as specialty crops such as fruits and vegetables. We operate globally through subsidiaries, distributors and supply agreements with major industry partners. Our innovative, patent-protected biological products help growers to protect their crops from stress and diseases, and to produce higher quality fruit and vegetables, with a favourable environmental profile. Find out more at www.planthealthcare.com