Marrone Bio Innovations Celebrates 10 Years of Innovation in Biopesticides
October 12 2016 - 7:00AM
Richard Rominger, former Deputy Secretary of the U.S. Dept. of
Agriculture and former agricultural secretary of California, emceed
a 10th anniversary luncheon celebration on October 11 for
Marrone Bio Innovations, Inc. (MBI), a leading provider of
effective and environmentally responsible biologically-based pest
management and plant health products. Rominger is also a founding
member of the Board of Directors of MBI.
“I think this is the most exciting time in the
history of agricultural biopesticides,” said Pam Marrone, CEO and
founder of the company. “Biologicals are becoming the base of
agricultural pest management programs, not just supplements.”
Marrone said she was “especially proud of MBI’s development of five
successful commercial products in its first decade.”
The event, held at the Company’s headquarters in Davis, Ca.,
drew a roster of notable guest speakers, including:
- Congressman John Garamendi, California 3rd District, a
longtime friend of founder Marrone, who said the company “holds
more than 40 patents. I don’t know of any other company in this
industry that could move from being a startup to a publicly traded
firm in such a short time.”
- Dr. Janet L. Andersen, founding director, Biopesticides
and Pollution Prevention Division (BPPD), Office of Pesticide
Programs, US Environmental Protection Agency, related stories about
the formation of the BPPD and its importance to the nascent
biopesticide industry.
- Dr. Helene Dillard, Dean of the College of Agricultural and
Environmental Sciences, UC Davis, who praised the MBI’s work with
the university. “It’s been a perfect collaboration between UC Davis
and the private sector,” she said, adding that the company “is a
devoted supporter of the university’s innovators.”
- Louis Stewart, Deputy Director, Innovation and
Entrepreneurship, of the California Governor's Office of Business
and Economic Development spoke about the importance of ag
innovation and startups to the Sacramento region and the state, as
well as the need to host an Ag Innovation Summit to promote
strategic collaboration between universities, government agencies,
the agricultural industry, investors and technology innovators in
California; and
- Anthony Engelsgaard, Branch Manager (Fresno), Crop Production
Services (an MBI customer), spoke about the generational change in
how Millennials look at food and the important role small
companies, like MBI, serve to provide choice, customer
service and innovation to farmers in an era of large company
consolidation.
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 Contacts:
Nancy M. Hood, VP Marketing
(530) 302-8290
nhood@marronebio.com
MBI Investor Contact:
James Palczynski, ICR
Telephone: +1 (203) 682-8229
Email: James.Palczynski@icrinc.com
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