Mexico's Aneberries Adds Two Marrone Bioinsecticides to Approved Products Lists
Grandevo & Venerate Approved for Mexican Exporters of Berries to
the US and Europe
DAVIS, Calif.--(BUSINESS WIRE)--
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 firstname.lastname@example.org
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
View source version on businesswire.com: http://www.businesswire.com/news/home/20160829005359/en/
James Palczynski, +1 203-682-8229
Source: Marrone Bio Innovations, Inc.
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