Mevalone Label Extension in France
RNS Number : 8973N
Eden Research plc
07 January 2026
As the information in this release pertains to EDEN RESEARCH PLC, this announcement is deemed to constitute inside information as stipulated under the retained EU law version of the Market Abuse Regulation (EU) No. 596/2014 (the "UK MAR") which is part of UK law by virtue of the European Union (Withdrawal) Act 2018. The information is disclosed in accordance with the Company's obligations under Article 17 of the UK MAR. Upon the publication of this announcement, this inside information is now considered to be in the public domain.
7 January 2026
Eden Research Plc
("Eden" or "Company")
Mevalone Label Extension in France
Mevalone® approved in France for use on grapes against downy and powdery mildew
Eden Research plc (AIM: EDEN), a leader in sustainable biopesticide and biocontrol technologies, is pleased to announce that Mevalone has been granted approval by the French authorities for use on grapes to control downy and powdery mildew, subject to customary restrictions.
France is one of the world's largest and most affected markets for grape downy mildew, and this is driving steady demand for conventional fungicides, biopesticides, and resistant varieties across its more-than 780,000 hectares of vines. Climate‑driven increases in mildew pressure, regulatory pressure on copper and synthetic chemistry, and growth in organic viticulture are reshaping the structure and dynamics of this market.
Biopesticides are a fast‑growing segment of the French crop protection market: the French biopesticides sector is estimated at more than USD 200 million in 2025 and is projected to grow strongly to 2030, with grapes representing a key market segment because of heavy pressure from downy mildew, powdery mildew and botrytis and the challenging regulatory restrictions placed on pesticides in general.
Downy mildew has become one of the most damaging diseases in French vineyards with recent years (2023-2024) seeing severe outbreaks in Bordeaux and many other regions, cutting local harvests by up to a fifth or more.
While any estimate is subject to ever-evolving regulatory and commercial circumstances, the Company currently estimates that the potential peak revenue for this opportunity (with its current label extension conditions on the timing of applications) to be in the region of up to €8 million per annum. Given the timing of receipt of this label extension for two new diseases and the industry's schedule for marketing and stocking products for the growing season, the Company is not changing its market guidance at this stage but will monitor this as the season develops.
Sean Smith, CEO of Eden Research, commented:
"With France recently having tightened rules on copper fungicides, revoking approval for many formulations and leaving only a small number of authorised copper products under stricter conditions, the approval of this label extension for Mevalone is timely, creating a significant opportunity for Eden in the coming years.
In addition, organic vineyard area has continued to increase with approximately one-fifth of French vineyard land now farmed organically, exceeding the national agricultural average and reinforcing demand for alternative solutions such as Mevalone, which is already certified as organic."
For further information contact:
| Eden Research plc | www.edenresearch.com |
| Sean Smith Alex Abrey | 01285 359 555 |
| Cavendish Capital Markets Limited (Nominated advisor and joint broker) | |
| Giles Balleny / Elysia Bough (Corporate Finance) Harriet Ward (Corporate Broking) Dale Bellis (Sales) | 020 7220 0500 |
| Oberon Capital (Joint Broker) | 020 3179 5300 |
| Nick Lovering Mike Seabrook Adam Pollock | |
| Hawthorn Advisors (Financial PR) | |
| Victoria Ainsworth | eden@hawthornadvisors.com |