Plant Health Care PLC Argentina approves Harpin as a seed treatment (1012K)
01 Septiembre 2021 - 1:00AM
UK Regulatory
TIDMPHC
RNS Number : 1012K
Plant Health Care PLC
01 September 2021
RNS
1 September 2021
PLANT HEALTH CARE plc
("Plant Health Care" or the "Company")
Argentina approves Harpin ab for use as a seed treatment in Corn
and Soybeans
Plant Health Care(R) (AIM: PHC.L) , a leading provider of novel
patent-protected biological products to global agriculture markets,
is pleased to announce the registration approval of Harpin ab for
use as a seed treatment in Argentina.
The regulatory process in Argentina for agricultural products
involves detailed review and approval by Senasa, the Country's
National Food Safety and Quality Service, which classified Harpin
ab as a biostimulant organic-chemical fertilizer. This confirms the
Argentinian government's commitment to promoting cost effective,
sustainable and safe products.
Highlights
-- Corn and soybeans are the first crops to receive regulatory
approval for Harpin ab in Argentina.
-- Argentina has 24 million hectares (60 million acres) of corn
and soybeans planted in the current season. Growers spent more than
$100m on soybean seed treatments in Argentina in the most recent
season. The size of the biological market in soybeans is growing
rapidly and was about $75m in 2021.
-- The Company is currently working with multiple organizations
that are evaluating Harpin ab and will select in-country
distribution partners in due course.
Harpin ab works by triggering the plant's own self defense
systems, leading to a robust physiological response, in a manner
similar to vaccinations in humans. The plant responds with improved
crop quality, nutrient use efficiency, tolerance to abiotic stress
and ultimately, increased yield. Being a biological product, Harpin
<ALPHA><BETA> has a very favorable human and
environmental safety profile.
Chris Richards, CEO of Plant Health Care, said: "Harpin ab
registration in Argentina is key to the further expansion of Harpin
ab use into large row crop markets."
For further information, please contact:
Plant Health Care plc - Tel: +1 919 926 1600
Chris Richards, CEO
Arden Partners plc - Nomad & Joint Broker Tel: +44 (0) 20
7614 5900
John Llewellyn-Lloyd / Antonio Bossi
Cenkos Securities plc - Joint Broker Tel: +44 (0) 20 7391
8900
Neil McDonald / Peter Lynch
Vox Markets - Digital investor relations Tel: +44 (0) 7866
384707
Paul Cornelius / Kat Perez
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 Vox Markets and the company website:
www.planthealthcare.com
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END
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