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Eden Research Wins French Approval for Mevalone Use on Grapes

Story Highlights
  • Eden Research gains French approval for Mevalone on grapes, targeting key mildew diseases.
  • The label extension opens a biopesticide growth opportunity in France, with peak revenue up to €8m.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Eden Research Wins French Approval for Mevalone Use on Grapes

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The latest announcement is out from Eden Research ( (GB:EDEN) ).

Eden Research has secured regulatory approval in France for a label extension of its Mevalone biofungicide, allowing its use on grapes to control downy and powdery mildew, two of the country’s most damaging vineyard diseases. The move opens a meaningful growth avenue in one of the world’s largest and most mildew-affected grape markets, where climate change, tightening restrictions on copper and synthetic fungicides, and rapid expansion of organic viticulture are accelerating demand for biopesticides; Eden estimates the opportunity could generate up to €8 million in annual peak revenue under current label conditions, although it is maintaining its existing market guidance for now as the company and its partners integrate the product into the upcoming growing season.

The most recent analyst rating on (GB:EDEN) stock is a Hold with a £2.50 price target. To see the full list of analyst forecasts on Eden Research stock, see the GB:EDEN Stock Forecast page.

Spark’s Take on GB:EDEN Stock

According to Spark, TipRanks’ AI Analyst, GB:EDEN is a Neutral.

Eden Research’s stock score is primarily impacted by its financial performance, which shows revenue growth but significant profitability and cash flow challenges. Technical analysis indicates short-term bullish momentum, but overbought signals suggest caution. The valuation is weak due to negative earnings and lack of dividends.

To see Spark’s full report on GB:EDEN stock, click here.

More about Eden Research

Eden Research plc is a UK-listed company specialising in sustainable biopesticides and biocontrol technologies for the global crop protection, animal health and consumer products markets. Its products, based on plant-derived terpene active ingredients and proprietary Sustaine microencapsulation technology, are used primarily on high-value fruits and vegetables and include the biofungicide Mevalone, the bionematicide Cedroz and the bird-repellent seed treatment Ecovelex. Eden derives all of its revenue from green, sustainable products and holds the London Stock Exchange’s Green Economy Mark, underscoring its positioning within the fast-growing environmentally focused agrochemicals sector.

Average Trading Volume: 302,948

Technical Sentiment Signal: Sell

Current Market Cap: £14.13M

See more data about EDEN stock on TipRanks’ Stock Analysis page.

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