According to the
"The purpose of this training, which was offered as a CEU course for agronomists and consultants, was to give growers the most up to date information on identifying and managing nematodes," said
"Our training, was aimed at helping growers understand how to tell if nematodes are at the ‘root' of the problem in their fields. Nematodes remain fairly under-identified because they can only be identified by studying under a microscope multiple soil samples from a single field," said Santos.
One of the featured nematologists was
Training covered data from field trials on various products, information on identification of types of nematodes, and management strategies including weed management. Of key interest to the audience, were studies that reviewed how products and nematodes moved in various soil types.
Typically, nematicides are injected into the soil as a fumigant, watered in through irrigation systems, or shanked-in and watered into the soil. Understanding how much water to apply to get the nematicide into the root zone of the plant is critical. Movement of water and nematodes varies by soil type. MBI is investing heavily in the science to better understand this critical relationship between water and product movement.
In 2016, Marrone launched a new bionematicide, Majestene, a broad spectrum, high performance natural bionematicide that kills nematodes and increases yields in a wide range of agricultural crops. Majestene, based on a novel bacterium that produces nematicidal compounds, was developed from MBI's in-house discovery screening process and provides growers with a new mode of action for safely controlling nematodes by reducing or stopping eggs from hatching, preventing root galling and reducing nematode population density. Nematodes cause approximately
A component of this integrated training program was to review third-party trials conducted by researchers to understand how best to use the product in the field and to review efficacy. Majestene was found to be comparable or slightly better than some of the most commonly used products in the field.
Marrone Bio Innovations Forward Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. 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 the potential of and market for MBI's Majestene product and its use and value to growers. 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 risks associated with marketing Majestene with MBI's principal customers, competition in the market for pest management products, lack of understanding of bio-based pest management products by customers and growers, adverse decisions by regulatory agencies and other relevant third parties and the impact of weather conditions and other factors affecting use of crop protection products . 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.
Marrone Bio Innovations Contacts:
Nancy M. Hood, VP Marketing (530) 302-8290 email@example.com MBI Investor Contact: James Palczynski, ICR Telephone: +1 (203) 682-8229 Email: James.Palczynski@icrinc.com
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