Business
Approval of MevaloneT in Portugal
Approval of MevaloneT in Portugal.
About this update from Eden Research Plc
[{"type":"text","content":"\n \nRNS Number : 6358R Eden Research plc 25 September 2017 \n\n \n \n \n25 September 2017\n \nEden Research plc\n \n(\"Eden\" or \"Company)\n \n \nApproval of Mevalone™ in Portugal\n \n \nEden Research plc (AIM: EDEN), the AIM listed company that provides breakthrough natural microencapsulation technologies to the global agrochemicals, animal health and consumer products industries, announces that it has received authorisation in Portugal for its first product, Mevalone (previously referred to as \"3AEY\"). The Portuguese authorities have issued \"Authorisation for Sale\" number 1012 covering the use of Mevalone for the control of botrytis (grey mould) on grapes. Mevalone will be marketed in Portugal by Eden's partner, K. & N. Efthymiadis S.A. \n \nMevalone is a terpene-based fungicide that targets Botrytis, a widespread fungal disease that causes grey mould on many fruits and vegetables leading to the rapid loss of commercially valuable crops. \n \nThe approval is a significant milestone for Eden and grants the Company access to another one of the top European grape producers. Mevalone, sold under varying trade names in different countries, has already gained approval in multiple countries including Spain, Italy, Kenya, Malta, Greece, Bulgaria and, mostly recently, France. Furthermore, Mevalone has already had significant commercial success in many of these markets.\n \nSean Smith, Chief Executive Officer of Eden, commented: \"We are delighted to announce that we have gained authorisation for the sale and use of Mevalone in Portugal, further-increasing Eden's geographic footprint. Together with Italy, France and Spain we now operate in the four largest grape producing countries in Europe, and we continue to expand into additional countries worldwide. \n \n\"Botrytis has the potential to destroy up to 30% of a vineyard in a matter of days. Consequently Mevalone plays a very important role in the treatment of this disease. This approval from the Portuguese authorities opens up significant opportunities for additional crops in Portugal through minor and/or emergency use label extensions. Italy recently received emergency authorisation for the use of Mevalone on pomegranate, and we expect to realise further extensions in m...