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Eden Research Expands Mevalone® Use in California Grape Market

Story Highlights
  • Eden Research plc gains approval for Mevalone® to control powdery mildew in Californian grapes.
  • The approval enhances Mevalone®’s market potential but does not change revenue expectations immediately.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eden Research Expands Mevalone® Use in California Grape Market

Elevate Your Investing Strategy:

Eden Research ( (GB:EDEN) ) has issued an announcement.

Eden Research plc has announced the approval of its fungicide Mevalone® for controlling powdery mildew in Californian grapes, expanding its use beyond its current approval for Botrytis cinerea. This regulatory approval enhances the product’s versatility for growers, particularly in California, which is a significant market for grape production. Despite the potential for increased market share, Eden does not anticipate immediate changes in revenue expectations. The approval underscores Eden’s commitment to sustainable agriculture and provides Californian grape growers with an effective, residue-free alternative to conventional fungicides.

More about Eden Research

Eden Research plc is a leader in sustainable biopesticide and biocontrol technology, focusing on developing and marketing environmentally friendly solutions for agricultural challenges.

Average Trading Volume: 468,811

Technical Sentiment Signal: Sell

Current Market Cap: £14.67M

For detailed information about EDEN stock, go to TipRanks’ Stock Analysis page.

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