Plant Health Care PLC Approval for Sale of Harpin aß Granted in Poland (8199H)
August 01 2023 - 1:00AM
UK Regulatory
TIDMPHC
RNS Number : 8199H
Plant Health Care PLC
01 August 2023
RNS
01 August 2023
PLANT HEALTH CARE plc
("Plant Health Care" or the "Company")
Approval for Sale of Harpin <ALPHA><BETA> Granted in
Poland
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><BETA>, the
Company's core, high-value fertilizer product with biostimulant
properties, has successfully achieved Mutual Recognition in Poland.
This is a major milestone for the Company, and permits immediate
sales of Harpin <ALPHA><BETA> in Poland. Poland is the
sixth largest agricultural producer in the EU, and the second
largest potato producer behind Germany, growing around 322,000
hectares.
Following the initial regulatory approval in France in October
2022, Plant Health Care has pursued Mutual Recognition to expand
the use of Harpin <ALPHA><BETA> across Europe and
Poland is the first EU country to grant this status for Harpin
<ALPHA><BETA>.. Europe is the world's largest market
for sustainable agriculture with annual sales of over $2
billion.
Harpin <ALPHA><BETA> is a recombinant protein that
acts as a powerful biostimulant, improving the yield and quality of
crops. Plant Health Care is launching Harpin
<ALPHA><BETA> for use in European potato production,
followed by fruit and vegetable crops. Potato field trials are
currently underway in Germany, France, Belgium and the Netherlands
to demonstrate the value of Harpin <ALPHA><BETA>. The
Company sells Harpin <ALPHA><BETA> through specialist
distributors around the world. Visits to the field trials with
interested distributors to observe the results of Harpin
<ALPHA><BETA> on treated potato plants are planned for
mid-August.
Angel Marin, Director EMEAA for Plant Health Care, said:
"Expanding the use of our core product, Harpin
<ALPHA><BETA>, in Europe's biggest agricultural markets
has been a long-term goal of mine. The granting of Mutual
Recognition by Poland brings us one-step closer and the Company
expects to select our distribution partner for France, Poland and
other EU countries by the end of the year. Harpin
<ALPHA><BETA> is an environmentally friendly, and
proven protein technology which improves plant growth and
development resulting in higher quality, yields and long-term
storage stability, which are 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 106 366
Robin Tozer / Harry Handyside / George Esmond 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
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END
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