Business
Distribution Agreement with SumiAgro Europe
Distribution Agreement with SumiAgro Europe.
About this update from Eden Research Plc
[{"type":"text","content":"\n \nRNS Number : 0600X Eden Research plc 17 December 2019 \n\n17 December 2019 \n \n \nEden Research plc\n \n(\"Eden\" or \"Company\")\nDistribution Agreement with SumiAgro Europe \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 exclusive distribution agreement (\"Agreement\") with SumiAgro Europe (\"SAE\") which allows SAE the exclusive right to sell Eden's fungicide product, Mevaloneä, in five new markets across central Europe, including Germany and Poland. \nUnder the Agreement, once regulatory approval has been received, Eden will supply and SAE will distribute Mevalone for use as a fungicide for grapes, as well as for the treatment of storage diseases on apples, where growers will be able to extend the shelf-life of apples and help to reduce food waste and overall cost in the supply chain. \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 system derived from yeast. The Sustaine technology has enabled the safe and effective use of Eden's registered active ingredients by improving bioactivity and efficacy, controlling volatility and improving crop safety. Furthermore, Sustaine is not based upon plastics, which are typically used to microencapsulate active ingredients in crop protection formulations and which are currently under review by the European Union. Under the new proposed regulation, pesticides containing synthetic polymers are likely to be banned or severely-restricted. In order to solve the problem of microplastics in crop protection formulations, substitution of the problematic plastics must be done with biodegradable alternatives which meet the proposed EU criteria. Reformulated products will need to be evaluated and registered within a five-...