Mexico's Aneberries Adds Two Marrone Bioinsecticides to Approved Products Lists
August 29 2016 - 8:30AM
Business Wire
Grandevo & Venerate Approved for Mexican
Exporters of Berries to the US and Europe
Marrone Bio Innovations, Inc. (NASDAQ: MBII) (MBI), a leading
provider of effective and environmentally responsible pest
management and plant health products announced today that both
Grandevo® and Venerate® Bioinsecticides have been added to the
approved list of materials published by Aneberries as compliant
with USA and EU standards. Aneberries is a national association
that represents exporters of fresh berries in Mexico, and
facilitates exports, ensures food safety, encourages, promotes and
defends trade and supports the opening of new markets. The
association encourages the professional development of its members,
with principles of social responsibility and protecting the
environment. Additionally, it disseminates technical, statistical
and commercial information, supporting research programs for
development of the berry production sector.
Grandevo and Venerate are advanced broad-spectrum
bioinsecticides that offer protection against chewing and sucking
insects and mites including thrips, whiteflies, Asian citrus
psyllid, armyworms and other pest caterpillars, Lygus bug,
mealybugs, and soil-inhabiting pests. The active ingredients in
Grandevo and Venerate bioinsecticides are different, novel species
of non-living bacteria that produce insecticidal compounds during
the fermentation manufacturing process.
Both Grandevo and Venerate were registered for use in Mexico in
the summer of 2016. Along with solanaceous and cole crops for
control of chewing and sucking insects, the approved labels allow
uses on berry crops such as strawberry, raspberry, blackberry,
currants, and blueberry for the control of targeted pests of thrips
and two-spotted spider mites. Grandevo and Venerate have been
classified as“green band” products which means both products have
low toxicity and present minimal health risks to farm workers,
applicators, and food processors. The green band designation also
means both Grandevo and Venerate have minimal re-entry intervals
and treated crops can be harvested with minimum pre-harvest
intervals.
"Mexico generates 30% of global export volume and the quality of
their berries is well recognized in North America and Europe." said
Pam Marrone, Founder and CEO of Marrone Bio Innovations.
"Aneberries recognized not only the efficacy of Grandevo and
Venerate, but also their unique active ingredients which help delay
pest resistance to other synthetic and biological pesticides
currently in use by berry growers. Plus, both products are
pesticide residue tolerance exempt and are designed to reduce
chemical residues and promote both ease of trade and quality of
both organically and conventionally produced fruit."
Both Grandevo and Venerate are compliant with the USDA National
Organic Program (NOP) and listed by the Organic Materials Review
Institute (OMRI). Marrone's biofungicide Regalia® Maxx is also sold
in Mexico for several crops and diseases, and is likewise on
Aneberries' approved product list.
For additional information and distribution inquiries, please
contact Julie Versman, Sr. Director of International Business or
Ruben Ramos, Latin America Manager at info@marronebio.com or visit
http://marronebioinnovations.com/index.php.
About Marrone Bio Innovations
Smart. Natural. Solutions.
Marrone Bio Innovations, Inc. (NASDAQ: MBII) strives to lead the
movement to a more sustainable world through the discovery,
development and promotion of biological products for pest
management and plant health. Our effective and environmentally
responsible solutions help customers operate more sustainably while
controlling pests, improving plant health, and increasing crop
yields. We have four products for agriculture on the market
(Regalia®, Grandevo®, Venerate® and Majestene®), and also
distribute Bio-tam 2.0® for Isagro USA in the western U.S. MBI also
markets Zequanox® for invasive mussels for water markets. We also
have a proprietary discovery process, a rapid development platform,
and a robust pipeline of pest management and plant health product
candidates. At Marrone Bio Innovations we are dedicated to
pioneering better biopesticides that support a better tomorrow for
users around the globe. For more information, please visit
www.marronebio.com.
Marrone Bio Innovations Forward Looking Statements
This press release contains forward-looking statements that
involve substantial risks and uncertain-ties. All statements, other
than statements of historical facts, included in this press release
regarding strategy, future operations and plans, including
assumptions underlying such statements, are forward-looking
statements, and should not be relied upon as representing MBI’s
views as of any subsequent date. Examples of such statements
include statements regarding sales and the potential of the
Company’s products, including GRANDEVO and VENERATE, in Mexico and
other markets, the potential benefits of the Company’s products,
and MBI’s efforts with respect to expansion of its product labels.
Such forward-looking statements are based on information available
to the Company as of the date of this release and involve a number
of risks and uncertainties, some beyond the Company's control, that
could cause actual results to differ materially from those
anticipated by these forward-looking statements, including
consumer, regulatory and other factors affecting demand for the
Company’s products, any difficulty in marketing MBI’s products in
Mexico, competition in the market for pest management products,
lack of understanding of bio-based pest management products by
customers and growers, and adverse decisions by regulatory agencies
and other relevant third parties. Additional information that could
lead to material changes in MBI’s performance is contained in its
filings with the SEC. MBI is under no obligation to, and expressly
disclaims any responsibility to, update or alter forward-looking
statements contained in this release, whether as a result of new
information, future events or otherwise.
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version on businesswire.com: http://www.businesswire.com/news/home/20160829005359/en/
ICRJames Palczynski, +1
203-682-8229James.Palczynski@icrinc.com
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