tiprankstipranks
Amoéba Gains EFSA Approval for Biocontrol Solution
Company Announcements

Amoéba Gains EFSA Approval for Biocontrol Solution

Amoeba SA (FR:ALMIB) has released an update.

Maximize Your Portfolio with Data Driven Insights:

  • Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
  • Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio

Amoéba has achieved a significant milestone with the European Food Safety Authority’s (EFSA) approval of its biocontrol active substance, recognized for its efficacy and low-risk profile. This breakthrough, along with a partnership with biocontrol leader Koppert, positions Amoéba to launch its innovative biofungicide solution, AXPERA, marking a pivotal shift towards becoming a commercial and industrial entity by 2025. The company is now preparing to seek marketing authorization across eight European countries, with a decision anticipated next year.

For further insights into FR:ALMIB stock, check out TipRanks’ Stock Analysis page.

Related Articles
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App