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Eden Research ( (GB:EDEN) ) just unveiled an announcement.
Eden Research plc has received regulatory approval in Mexico for Novellus+, an improved version of its fungicide Mevalone, which will be distributed by Advan Mexico SA de CV. This approval is expected to significantly boost the company’s revenues by tapping into Mexico’s diverse and export-driven agricultural market, further cementing Eden’s position in North America. The successful registration of Novellus+ is seen as a major milestone, offering enhanced efficacy and a broader range of target crops, aligning with growing demands for sustainable and residue-free agricultural practices.
More about Eden Research
Eden Research plc is a leader in the sustainable biopesticide and biocontrol products industry. The company’s primary products include biopesticides like the enhanced fungicide Novellus+ and the bionematicide Cedroz. Eden Research focuses on providing environmentally friendly pest control solutions for the agricultural sector, aiming to meet high-quality production standards and strict regulations for residue-free harvests, particularly in markets with significant agricultural exports.
YTD Price Performance: -32.17%
Average Trading Volume: 458,635
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £20.8M
For a thorough assessment of EDEN stock, go to TipRanks’ Stock Analysis page.
