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RNS Number : 4133E Plant Health Care PLC 28 October 2022
RNS
28 October 2022
PLANT HEALTH CARE plc
("Plant Health Care" or the "Company")
Successful registration of Harpin αß in France
Plant Health Care® (AIM: PHC.L), a leading provider of novel
patent-protected biological products to global agriculture markets, is pleased
to announce that Harpin αß has been successfully registered for use as a
fertiliser in France by the Agence Nationale De Securitie Sanitaire
(responsible for Food, Environmental and Occupational Health & Safety).
This is a major milestone for the Company. France is the largest agricultural
producer in the European Union (EU) and this is the first registration of
Harpin αß in Europe. France is one of the few countries in the EU which has
a legal framework for biostimulant products. Harpin αß, under the trademark
ProAct, has approval to commercialise in France until November 2030. Harpin
αß is a recombinant protein that acts as a powerful biostimulant, improving
the yield and quality of crops. The Company sells Harpin αß through
specialist distributors around the world.
The mutual recognition mechanism will help expand the use of Harpin αß in
other European countries. Europe is the world's largest market for
sustainable agriculture with annual sales of over $2 billion.
Harpin αß has made significant market progress in the US and Brazil and, in
the first six months to June 2023, sales of Harpin αβ grew 37% to $3.3
million.
Jeff Tweedy, CEO of Plant Health Care, said: ‟The registration of our core
product Harpin αß in Europe's biggest agricultural market is fantastic news.
Harpin αß is an environmentally friendly, and proven protein technology
which improves plant growth and development resulting in higher quality and
yields which is vital as the world becomes more concerned about food
security."
For further information, please contact:
Plant Health Care plc +1 919 926 1600
Jeff Tweedy, CEO
Cenkos Securities plc - Nomad & Broker +44 (0) 131 220 9771
Neil McDonald / Pete Lynch
SEC Newgate (Financial Communications) +44 (0)7540 10666
Robin Tozer / Richard Bicknell / George Esmond phc@secnewgate.co.uk (mailto:phc@secnewgate.co.uk)
About Plant Health Care
Plant Health Care offers products to improve the health, vigour and yield of
major field crops such as corn, soybeans, potatoes and rice, as well as
specialty crops such as fruits and vegetables. We operate globally through
subsidiaries, distributors and supply agreements with major industry partners.
Our innovative, patent-protected biological products help growers to protect
their crops from stress and diseases, and to produce higher quality fruit and
vegetables, with a favourable environmental profile. Find out more
at www.planthealthcare.com (http://www.planthealthcare.com)
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