(Alliance News) - Sustainable crop protection and animal health firm Eden Research PLC said Wednesday its nematicide product being sold as Cedroz has secured full authorisation in Belgium.
Eden explained its commercial partner in the country - Eastman Chemical Co - which sells the nematicide under the Cedroz brand name, received full authorisation for the product from the Belgian Ministry of Agriculture.
"There are multiple, significant opportunities for the use of Cedroz in greenhouse applications which means that the authorisation in Belgium, where the primary use will be in greenhouses, is a very good starting point for authorisations to come in other EU Member States," Eden Chief Executive Sean Smith said.
"In addition, authorisations which are due to follow in other Member States will also include outdoor application where the market opportunities are potentially even greater," Smith added.
Shares in Eden were 6.3% higher at 8.48 pence in London on Wednesday.
By Ahren Lester; ahrenlester@alliancenews.com
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