Business
Novellus+ Regulatory Authorisation in Chile
Eden Research plc has received its first regulatory authorisation in South America for its fungicide Novellus+™, approved by the Chilean Ministry of Agriculture for use on wine and table grapes to combat grey mould and powdery mildew. This significant development marks Eden's entry into Chile, a major agricultural market and one of the world's largest wine exporters, with Sipcam Chile SpA acting as the exclusive distributor. The Chilean crop protection market, valued at $735 million in 2022 and projected to grow, is increasingly shifting towards sustainable solutions, aligning with Chile's government priorities. Eden anticipates expanding Novellus+™ to other crops and is confident in the market's potential for sustainable agriculture. 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 \n9 January 2026\n \n\n \nEden Research Plc\n(\"Eden\" or \"Company\")\n \nNovellus+ Regulatory Authorisation in Chile\n \nEden receives its first authorisation in South America, in one of the world's largest wine-exporting markets\n \nEden Research plc (AIM: EDEN), a leader in sustainable biopesticide and biocontrol technologies, is pleased to announce that it has received regulatory authorisation in Chile for the fungicide Novellus+™. The approval, granted by the Chilean Ministry of Agriculture, applies to its use in wine and table grapes to control grey mould (Botrytis cinerea) and powdery mildew (Uncinula necator). Novellus+ provides excellent protection for grapes with no residues and can be applied up to one day before harvest. Sipcam Chile SpA, the local affiliate of Sipcam-Oxon, will be the exclusive distributor.\n \nChile is recognised as one of South America's leading agricultural markets, driven by strong export demand and a favourable climate for year-round production. Chile is the third largest wine producer in the Southern Hemisphere, with a five-year average production of 11.3 million hectolitres (mhL) per year. Globally, Chile was the fourth-largest wine exporter in 2024, with approximately 70% of the total production exported. Furthermore, with nearly 50,000 hectares of table grapes grown, Chile is the second largest producer and exporter of grapes in the Southern Hemisphere.\n \nOverall, the Chilean crop protection market is the fourth-largest market in LATAM, estimated to be $735 million in 2022 and projected to grow to over $834 million by 2027. Conventional chemical pesticides are rapidly being replaced by organic and biological solutions as a consequence of the pressure from consumers and retailers, and this migration to more sustai...