1st Apr 2021 07:36
Eden Research PLC - biopesticides and plastic-free formulation technology company - Receives authorisation for the sale of its bio-fungicide in Spain for use on a range of new crops to control a number of fungal pathogens. The product, known as 3LOGY in Italy and Mevalone in the rest of Europe, is authorised and marketed under the trade name ARAW in Spain. Says ARAW will be used major crops including strawberries, peppers, courgettes, aubergine, tomatoes, lettuce, brassicas and raspberries.
"This expansion of the label for ARAW in Spain represents a meaningful increase in Eden's addressable market. Given the significance of Spain as a producer of horticultural crops in Europe, we are directly able to capitalise upon the growing trends toward sustainable agriculture and residue-free products that can be used in both organic and conventional growing systems," says Chief Executive Sean Smith.
Current stock price: 15.00 pence
Year-to-date change: up 30%
By Zoe Wickens; [email protected]
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