Business
Agreement with Sipcam Oxon in Portugal and Benelux
Agreement with Sipcam Oxon in Portugal and Benelux.
About this update from Eden Research Plc
[{"type":"text","content":"\n \nRNS Number : 7454X Eden Research plc 23 December 2019 \n\n \n23 December 2019\n \nEden Research plc\n \n(\"Eden\" or \"Company\")\nDistribution Agreements with Sipcam Oxon in Portugal and Benelux\nEden Research plc (AIM: EDEN), the AIM listed company that develops and supplies breakthrough biopesticide products and natural microencapsulation technologies to the global crop protection, animal health and consumer products industries, is pleased to announce that it has signed an agreement (\"Agreement\") with Sipcam Oxon (\"Sipcam\") which allows Sipcam to market, distribute and sell, on an exclusive basis, Eden's fungicide product, Mevaloneä, in Portugal and the Benelux region. \nAgreement highights\n· Under the Agreement, Eden will supply and Sipcam will distribute Mevalone for use as a fungicide for grapes and minor crops in Portugal and the Benelux region (subject to regulatory clearance in the Benelux region)\n· It is expected that sales of Mevalone will commence in Portugal in the 2020 season (marketing authorisation has already been received there)\n· Commercial activities will begin in the Benelux region following the receipt of regulatory clearance in these countries\nMevalone offers growers tremendous advantages by providing high levels of efficacy against important crop diseases. The active ingredients in Mevalone are exempt from residue limits and have very low or no pre-harvest intervals, giving growers the ability to apply the product just prior to harvest, providing maximum benefits and flexibility. \nMevalone is formulated with Eden's Sustaineä encapsulation and delivery technology, a proven formulation solution for active ingredients that are challenging to use. Sustaine microcapsules are naturally sourced, plastic-free, biodegradable micro-spheres derived from yeast. The Sustaine technology has enabled the safe and effective use of Eden's registered active ingredients and those of third parties by improving bioactivity, controlling volatility and improving crop safety.\nSean Smith, Chief Executive Officer of Eden, said: \"We are pleased to appoint Sipcam as our partner for Mevalone in Portugal and the Benelux region. Portugal in particular is a significant grape-growing cou...