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Eden Research’s biofungicide 3AEY registered in Franceqrcode

Jan. 24, 2017

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Jan. 24, 2017

Eden Research plc
United Kingdom  United Kingdom

Eden Research plc (EDEN) has announced that it has received authorisation in France for its first product, 3AEY, for use in the prevention and treatment of botrytis in table and wine grapes. 3AEY will be sold in France by Eden partner SumiAgro France under the brand name "Mevalone™".
This is a significant and long-awaited milestone for the EDEN and will allow SumiAgro France to sell Mevalone to its established customers. Mevalone is a terpene-based fungicide that can prevent and treat botrytis, a widespread fungal disease that causes grey mould on many fruits and vegetables leading to the rapid loss of commercially valuable crops. The average losses from affected crops account for around 20% of the total harvest, costing producers between €10-100 billion annually worldwide, depending upon weather conditions. The market for Botryticides alone is more than $350 million per annum.
Sean Smith, Chief Executive Officer of Eden, said: "France is one of the leading wine producers in the world and is certainly one of the most prestigious, not only because of the quantity of wine produced but also the intense focus upon quality production. We are delighted that Mevalone is registered and available for sale in 2017 in this important market. Since we signed the agreement with SumiAgro in late 2014, there has been a lot of work by both parties to ensure that we could achieve this key product registration as quickly as possible, and we are pleased to have realised this ambition with the strong support of SumiAgro France.
"Following marketing trials undertaken in 2015 and 2016, Mevalone has been well received by customers throughout the EU southern zone. The unique characteristics that Mevalone has in terms of its safety and environmental profile, efficacy and exemption from Maximum Residue Limits make it an interesting and useful product for growers. This is particularly relevant in the late stages of the growing season when botrytis can be prevalent and where many alternative products cannot be used due to residue issues, leaving growers with few options in the last few weeks before harvest due to the long pre-harvest intervals associated with many competing fungicides. Mevalone is also an extremely useful tool in managing the resistance of pests to many common conventional fungicides."
Antoine Meyer, President of SumiAgro France, said:  "We are delighted by the Eden Research team's support to the project and the fruitful cooperation with the French Authorities and Regulatory Agencies to bring this innovative biocontrol solution to French growers and worldwide wine consumers. Mevalone fits growers and consumers market demands in terms of performance and characteristics.  I strongly believe that the uniqueness of the Mevalone technology provides outstanding and long-desired benefits to the French wine producers and exporters. "


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