Eden Research receives first Ecovelex order

Published by

Tom Kilkelly

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Oxford-based sustainable biopesticides company Eden Research has announced that it has received its first commercial order for Ecovelex.

The product is a new seed treatment intended to replace conventional chemicals that are facing significant regulatory pressures in the EU and UK.

Ecovelex is specifically designed to tackle crop destruction caused by birds.

Until full authorisation is received, the use of Ecovelex to treat seeds this year is hinged on a number of countries granting emergency use authorisation.

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The initial order was funded following the company's successful fundraising process announced on July 28 this year.

It is expected that the order will be shipped towards the end of the year so that, in the event of receipt of relevant regulatory approvals, it will be available in time for the seed treatment window for the 2024 growing season.

Sean Smith, Eden CEO, said: "I'm pleased to have received our first commercial order for Ecovelex and am pleased to report that production is underway here in the UK to fulfil the order.

At this point in the year, and without visibility on emergency use authorisations, it is not possible to provide guidance on the overall potential financial impact of the Ecovelex sales, however, this order and initial production is clearly a positive step forward for maize growers and the Company."

Tom Kilkelly

Tom Kilkelly started working as a freelance journalist for The Business Magazine following his graduation from UCL in 2022. During his studies Tom became very interested in the works of Irish authors including Samuel Beckett and Flann O'Brien (Brian O'Nolan). His current role as a freelance business reporter is his first exposure to the world of business journalism. Working at TBM has given Tom the chance to really get to grips with the goings-on in the business hive that is the South East.