() said it has signed a ‘milestone agreement’ with Corteva Agrisciences for its seed treatment application.
While financial terms weren’t released, the AIM-listed bio-pesticides specialist said the deal provided the US giant with exclusive commercialisation, supply and distribution rights covering the EU, UK and Serbia.
It followed the successful 2019 evaluation of the Eden product, which is based on its Sustaine encapsulation technology, natural, plastic-free, biodegradable microspheres.
The pair will collaborate on additional uses for Eden’s products and technology in the US$6.5bn seed treatment market.
Read More: Eden Research PLC on a pest-free path to profitability; inks ‘milestone’ Corteva