Doc re Early exercise of option under licensing agreement
19 Marzo 2008 - 3:27AM
UK Regulatory
19 March 2008
Eden Research Plc ("Eden Research" or "the Company")
Early exercise of option under licensing agreement
Eden Research, a leading UK agrochemical development company, is pleased to announce that Cheminova,
the leading Danish manufacturer of fine chemicals within the plant protection sector, has exercised
early its option to take 7 additional territories under the original agreement dated 14 May 2007. The
original option for the other territories remain valid until 31.12.08.
Tim Griffiths, the CEO of Eden, said:
'I am pleased that Cheminova has exercised its option in respect of these territories earlier than
required. This demonstrates that our partnership is strong and working well and we look forward to
making increasing progress with 3AEY Botrytis treatment trials.'
Tim Griffiths, Chief Executive, Eden Research plc
T: 01993 868844
Matthew Robinson/Rose Herbert, JMFinn Capital Markets Ltd
T : 020 7600 1658
Jonathon Brill/Caroline Stewart, Financial Dynamics
T: 020 7831 3113
About Eden Research plc
Eden Research plc is a UK publicly listed company on the PLUS Market, specialising in the development
of agrochemical products and intellectual property through licensing and marketing agreements.
Eden is focused on developing products for the agricultural sector through the application of terpene
chemistry and other patented environmentally friendly technologies. Eden is currently working
alongside universities and partner companies in developing its product portfolio towards
commercialisation.
For further information please visit www.edenresearch.com.
About Cheminova
Cheminova is a manufacturer of fine chemicals, with its main business area within plant protection
products. Cheminova has developed a wide range of plant protection products by in-house process and
formulation development, and markets its products globally through subsidiaries in 17 key countries
and through distribution partners in most other countries.
The annual turnover is approximately 4 billion Danish kroner (DKK). Cheminova employs 800 people in
Denmark and 750 abroad. Cheminova is 100% owned by Auriga Industries A/S, a publicly traded company
on the Copenhagen Stock Exchange, which owns three subsidiaries: Cheminova A/S, Hardi International
A/S, one of the world's leading manufacturers of sprayers and spraying equipment for efficient plant
protection, and Skamol A/S, which offers thermal insulation materials in the temperature range up to
1150�C.
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