Business
Mevalone Label Extension in France
Eden Research plc has received approval from French authorities for its biopesticide Mevalone to be used on grapes to combat downy and powdery mildew, a significant development given France's large grape market and increasing pressure on conventional fungicides. This label extension is estimated to have a potential peak revenue of up to €8 million per annum, though the company is not adjusting its current market guidance. The approval is timely due to tightened regulations on copper fungicides and the growing demand for organic viticulture solutions, with Mevalone already certified as organic. Disclaimer*
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 \n7 January 2026\n \n\n \nEden Research Plc\n(\"Eden\" or \"Company\")\n \nMevalone Label Extension in France\n \nMevalone® approved in France for use on grapes against downy and powdery mildew\n \nEden Research plc (AIM: EDEN), a leader in sustainable biopesticide and biocontrol technologies, is pleased to announce that Mevalone has been granted approval by the French authorities for use on grapes to control downy and powdery mildew, subject to customary restrictions. \n \nFrance is one of the world's largest and most affected markets for grape downy mildew, and this is driving steady demand for conventional fungicides, biopesticides, and resistant varieties across its more-than 780,000 hectares of vines. Climate‑driven increases in mildew pressure, regulatory pressure on copper and synthetic chemistry, and growth in organic viticulture are reshaping the structure and dynamics of this market.\n \nBiopesticides are a fast‑growing segment of the French crop protection market: the French biopesticides sector is estimated at more than USD 200 million in 2025 and is projected to grow strongly to 2030, with grapes representing a key market segment because of heavy pressure from downy mildew, powdery mildew and botrytis and the challenging regulatory restrictions placed on pesticides in general.\n \nDowny mildew has become one of the most damaging diseases in French vineyards with recent years (2023-2024) seeing severe outbreaks in Bordeaux and many other regions, cutting local harvests by up to a fifth or more.\n \nWhile any estimate is subject to ever-evolving regulatory and commercial circumstances, the Company currently estimates that the potential peak revenue for this opportunity (with its current label extension conditions on the timi...