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RNS Number : 4091E Eden Research plc 10 April 2025
10 April 2025
Eden Research plc
("Eden" or "the Company")
Agreement to supply thymol for bee health applications in the United States
Eden Research plc (AIM: EDEN), a leader in sustainable biopesticide and
biocontrol technology, is pleased to announce that it has signed an agreement
with Véto-pharma, a French pharmaceutical laboratory specialising in animal
health, to supply thymol for use in bee care products.
Thymol is a naturally occurring bioactive molecule found in the essential oil
of several plants, including thyme, oregano and sage. It is widely used
across the pharmaceutical, agricultural, consumer product, and industrial
sectors due to its antimicrobial, antifungal and aromatic properties.
Thymol is one of the three active ingredients in Eden's suite of biopesticide
products and is currently registered in the EU and US. Thymol will be used in
one of Véto-pharma's bee care products, a varroa mite treatment for bee
hives.
Sean Smith, Chief Executive Officer of Eden Research, commented:
"We are always looking for opportunities to leverage our existing
registrations and technologies to diversify our product portfolio and revenue
streams. This represents a meaningful contribution to that strategy, while
also enhancing the return on investments made in active ingredient dossiers
across the EU, the US, and other markets.
We are pleased to be working with our new partner, Véto-pharma and supporting
them in making their product a great success. We anticipate there will be
additional opportunities in the future to further expand this relationship."
-- ENDS --
For further information contact:
Eden Research plc
Sean Smith www.edenresearch.com (http://www.edenresearch.com/)
Alex Abrey
01285 359 555
Cavendish Capital Markets Limited
(Nominated advisor and joint broker)
Giles Balleny / George Lawson (corporate finance) 020 7220 0500
Charlie Combe (corporate broking)
Michael Johnson (sales)
Oberon Capital (Joint broker)
Nick Lovering 020 3179 5300
Mike Seabrook
Adam Pollock
Hawthorn Advisors (Financial PR)
Victoria Ainsworth eden@hawthornadvisors.com
Notes to Editors:
Eden Research is the only UK-listed company focused on biopesticides for
sustainable agriculture. It develops and supplies innovative biopesticide
products and natural microencapsulation technologies to the global crop
protection, animal health and consumer products industries.
Eden's products are formulated with terpene active ingredients, based on
natural plant defence metabolites. To date, they have been primarily used on
high-value fruits and vegetables, improving crop yields and marketability,
with equal or better performance when compared with conventional pesticides.
Eden has three products currently on the market:
Based on plant-derived active ingredients, Mevalone(®) is a foliar
biofungicide which initially targets a key disease affecting grapes and other
high-value fruit and vegetable crops. It is a useful tool in crop defence
programmes and is aligned with the requirements of integrated pest management
programmes. It is approved for sale in a number of key countries whilst Eden
and its partners pursue regulatory clearance in new territories thereby
growing Eden's addressable market globally.
Novellus®+ is an evolution of Mevalone, allowing improved rates in the
field, high levels of efficacy and a broader list of targets.
Cedroz™( )is a bionematicide that targets free living nematodes which are
parasitic worms that affect a wide range of high-value fruit and vegetable
crops globally. Cedroz is registered for sale on two continents and Eden's
commercial collaborator, Eastman Chemical, is pursuing registration and
commercialisation of this important new product in numerous countries
globally.
Eden's seed treatment product, Ecovelex™ was developed to safely tackle
crop destruction caused by birds - a major cause of losses in maize and other
crops. Ecovelex works by creating an unpleasant taste or odour that repels
birds, leaving the seeds safely intact and the birds unaffected and free to
find alternative food sources. The product is based on Eden's plant-derived
chemistry, registered in the EU, US and elsewhere, and formulated using Eden's
Sustaine(®) microencapsulation system.
Eden's Sustaine(®)( )encapsulation technology is used to harness the
biocidal efficacy of naturally occurring chemicals produced by plants
(terpenes) and can also be used with both natural and synthetic compounds to
enhance their performance and ease of use. Sustaine microcapsules are
naturally-derived, plastic-free, biodegradable micro-spheres derived from
yeast. It is one of the only viable, proven and immediately registerable
solutions to the microplastics problem in formulations requiring
encapsulation.
Eden was admitted to trading on AIM on 11 May 2012 and trades under the
symbol EDEN. It was awarded the London Stock Exchange Green Economy
Mark in January 2021, which recognises London-listed companies that derive
over 50% of their total annual revenue from products and services that
contribute to the global green economy. Eden derives 100% of its total annual
revenues from sustainable products and services.
For more information about Eden, please visit: www.edenresearch.com
(http://www.edenresearch.com/) . You can also follow Eden's latest
developments via its social media channels: X (Twitter)
(https://twitter.com/edenresearch) and LinkedIn
(https://www.linkedin.com/company/eden-research-plc/) .
About Véto-pharma:
Founded in 1982, Véto-pharma is a French pharmaceutical laboratory
specialising in animal health, with its own dedicated research centre focused
on bee health.
Present internationally, Véto-pharma employs nearly 90 people across three
continents and works with a network of distributors in over 35
countries worldwide.
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