Eden Research reports that its partner, Lachlan Kenya Limited, has received approval to commence sales of 3AEY in Kenya (where it will be sold under the trade name Hawk). 3AEY is a fungicide formulated from plant-derived actives and a natural microencapsulation system that primarily targets Botrytis on various edible and inedible crops.
The approval allows Lachlan to sell 3AEY into markets in Kenya through its distribution network. Lachlan will initially be targeting the treatment of peas, beans and cucurbits, before expanding into the cut flower market for export to Europe and further afield. Kenya exports over $500 million of cut flowers each year with over 125,000 tonnes of products shipped and flown around the world, with a significant amount going to the major supermarkets in the EU.
Under the existing licence agreement between Eden and Lachlan, Eden is now due a milestone payment and will receive royalties based on net sales of 3AEY. Eden will also supply Lachlan with 3AEY from the UK using its network of toll manufacturers and suppliers and has received an initial order to provide enough 3AEY to treat an area of approximately 1,667 hectares.