17 June 2024
Eden
Research Plc
("Eden"
or "Company")
Eden Research wins at Small
Cap Network Awards
Eden Research plc (AIM: EDEN), the
AIM-quoted company focused on sustainable biopesticides and
plastic-free formulation technologies for use in the global crop
protection, animal health and consumer products industries, is
proud to announce that it has been named ESG Company of the Year at
the prestigious 2024 Small Cap Network Awards in recognition
commitment to environmental, social and governance matters and
contribution to the green economy.
As a company focused on innovative
solutions to drive sustainable agriculture, ESG is entrenched in
all aspects of Eden Research's business strategy. Its plant-derived
crop protection products serve as a natural alternative to
conventional products which contain harsh, synthetic chemicals that
persist and bio-accumulate in the natural environment, causing harm
to wildlife, biodiversity, and human health. Eden's products allow
farmers to increase crop yield with minimal impact on the
environment, allowing the agricultural industry to operate with
higher efficiency and address record levels of demand as the
population continues to grow.
This award is a reflection of its
status as a business with sustainability at its core, as also
demonstrated by its recognition by the London Stock Exchange as a
contributor to London's green economy through the Green Economy
Mark.
Sean Smith, Chief Executive Officer of Eden Research,
commented:
"This accolade demonstrates our
dedication to creating sustainable solutions that benefit not only
our stakeholders but also contribute to the progression of
sustainable agriculture and farming practices. This achievement is
a reflection of the hard work and commitment of our entire team,
partners and investors as we continue to make progress on our
business objectives and bring our solutions to market."
For further information
contact:
Eden Research plc
|
|
Sean Smith
Alex Abrey
|
www.edenresearch.com
01285 359
555
|
|
|
Cavendish Capital Markets Limited (Nominated advisor and
broker)
|
|
Giles Balleny / George
Lawson (corporate finance)
Charlie Combe (corporate broking)
Michael Johnson (sales)
|
020 7220
0500
|
|
|
Hawthorn Advisors (Financial PR)
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Victoria Ainsworth
|
eden@hawthornadvisors.com
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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.
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, U.S. 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.