Eden Research, Tagros sign encapsulation development agreement

Eden Research, a leading UK agrochemical and encapsulation development company, has signed a development agreement with Tagros Chemicals India PVT Limited ("PVT") based in Tamil Nadu, India.

Tagros is one of India's leading manufacturers and exporters of a range of agrochemicals offering a range of high value Synthetic Pyrethroids, Pesticide Intermediates and Fungicides. Tagros is particularly strong in Public Health Insecticides, where many of its formulations are accredited by the WHO (World Health Organisation).

The agreement grants Tagros the right to use Eden's terpene encapsulation system to co-encapsulate one of Tagros's important crop molecules, used in agricultural as well as Public Health, with blends of synergistic terpenes.

Following the development period provided under the agreement, Eden will then look to enter into a full licensing agreement with Tagros.

Clive Newitt, Managing Director of Eden, said, "This is the second 'co-encapsulation' agreement that Eden has now entered into, following the SBM Development deal announced in December last year.

"These types of arrangements are very attractive to Eden as they present a significant opportunity to commercialise Eden's encapsulation technologies based upon products that are already being sold within the global agrochemical industry, and at minimal cost to Eden.

"Using the encapsulation system will allow Tagros to create new products that will exhibit a wider spectrum of activity, longer persistence and be less prone to resistance development."