Business
Eden and Corteva seek to bring Ecovelex to market
Eden and Corteva seek to bring Ecovelex to market.
About this update from Eden Research Plc
[{"type":"text","content":"\n\nAs the information in this release pertains to EDEN RESEARCH PLC, this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the \"UK MAR\") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n\n\n\n\n\n\n\n\n\n\n \n \nEden Research plc and Corteva Agriscience Seek to Bring Ecovelex™ to EU and UK Market\n \nThe seed treatment product helps farmers safely repel birds\n \n \nGENEVA, Switzerland, 30 May, 2023 - Eden Research plc has applied for the authorization of Ecovelex™ in the EU, with application in the UK to follow, with Corteva Agriscience as its distribution partner. Eden is an AIM listed company that develops and supplies sustainable solutions for crop protection, animal health and consumer products.\n \nDeveloped by Corteva Agriscience and Eden over three years, Ecovelex represents a new entrant into the seed treatment market and is intended to replace conventional chemicals banned in the EU and UK. It was developed to tackle crop destruction caused by birds - a major cause of losses in maize and other crops.\n \nEcovelex works by affecting the bird's olfactory system, creating an unpleasant taste or odour that repels the birds, leaving the seeds safely intact and the birds unaffected and free to find alternative food sources.\n \nThe product is based on plant-derived chemistry and formulated using Eden's Sustaine® microencapsulation system, supporting farmers as they strive to meet consumer demands for more sustainable agriculture.\n \nAndré Negreiros, EMEA Seed Applied Technologies Lead at Corteva Agriscience, said: \"After several years of focused and productive collaboration, we are pleased to be reaching the commercialization of Ecovelex. Every year, farmers face heavy losses caused by birds, and recent regulatory changes have meant that the conventional approaches to combating crop damage are no longer available.\n \n\"The solution we have developed with Eden offers farmers an effective and safe alternative whilst...