Plant Health Care PLC Registration of Harpin in France (4133E)
28 October 2022 - 5:00PM
UK Regulatory
TIDMPHC
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 <ALPHA>ß in France
Plant Health Care(R) (AIM: PHC.L), a leading provider of novel
patent-protected biological products to global agriculture markets,
is pleased to announce that Harpin <ALPHA>ß 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 <ALPHA>ß in Europe. France is
one of the few countries in the EU which has a legal framework for
biostimulant products. Harpin <ALPHA>ß, under the trademark
ProAct, has approval to commercialise in France until November
2030. Harpin <ALPHA>ß is a recombinant protein that acts as a
powerful biostimulant, improving the yield and quality of crops.
The Company sells Harpin <ALPHA>ß through specialist
distributors around the world.
The mutual recognition mechanism will help expand the use of
Harpin <ALPHA>ß in other European countries. Europe is the
world's largest market for sustainable agriculture with annual
sales of over $2 billion.
Harpin <ALPHA>ß has made significant market progress in
the US and Brazil and, in the first six months to June 2023, sales
of Harpin <ALPHA><BETA> grew 37% to $3.3 million.
Jeff Tweedy, CEO of Plant Health Care, said: "The registration
of our core product Harpin <ALPHA>ß in Europe's biggest
agricultural market is fantastic news. Harpin <ALPHA> ß 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
Jeff Tweedy, CEO +1 919 926 1600
Cenkos Securities plc - Nomad
& Broker
Neil McDonald / Pete Lynch +44 (0) 131 220 9771
SEC Newgate (Financial Communications) +44 (0)7540 10666
Robin Tozer / Richard Bicknell phc@secnewgate.co.uk
/ George Esmond
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
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END
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