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N2OFF ( (NITO) ) has shared an update.
On January 15, 2025, N2OFF announced that its subsidiary, Save Foods Ltd., successfully won a patent opposition filed by ECOLAB in Europe. The patent covers a method using performic acid composition crucial to Save Foods’ technology, which extends produce shelf life and reduces pesticide use. This legal victory is expected to enhance Save Foods’ positioning in the market and align with EU regulatory goals for sustainable agriculture. ECOLAB has the option to appeal the decision by April 9, 2025.
More about N2OFF
N2OFF, Inc. is a clean tech company involved in sustainable solutions for energy and agri-tech innovation. The company provides integrated solutions for reducing greenhouse gas emissions and enhancing the agri-tech market. N2OFF’s subsidiary, Save Foods Ltd., focuses on post-harvest treatments to control pathogen contamination and reduce hazardous chemical use, improving the shelf life and safety of fresh produce.
YTD Price Performance: 12.15%
Average Trading Volume: 20,803,787
Technical Sentiment Consensus Rating: Hold
Current Market Cap: $21.19M
For a thorough assessment of NITO stock, go to TipRanks’ Stock Analysis page.