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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.