Re Agreement

RNS Number : 8564O

Plant Health Care PLC

02 June 2015

 



2 June 2015

PLANT HEALTH CARE plc

("Plant Health Care" or the "Company")

Plant Health Care Signs Innatus™ 3G Evaluation Agreement With Second Major Industry Player

Plant Health Care (AIM: PHC), a leading provider of novel patent-protected biological products to global agriculture markets, is pleased to announce that it has signed an agreement with a second major industry player regarding the evaluation of its Innatus™ 3G peptide platform.

This technology enables the design, screening and production of a large pipeline of peptides with diverse bio-stimulant properties. The peptides can provide improved yields, pest and disease resistance, and protection against abiotic stress in a wide range of crops.  Peptides can be combined with conventional crop protection chemicals in seed treatment and foliar applications, making them highly complementary to existing practices.

Paul Schmidt, CEO of Plant Health Care, commented, "Our goal was to sign at least two evaluation agreements for our Innatus™ 3G peptide platform this year and we have accomplished that within the first five months. We are targeting the largest players and these agreements reflect the potential value they see in our platform. Our dialogue with other major players is on-going."

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For further information, please contact:

Plant Health Care plc

Paul Schmidt, Chief Executive Officer                                                    Tel: [phone]

Liberum Capital - Nomad and Broker

Clayton Bush                                                                                                Tel: [phone]

LHA

Ed McGregor / Jody Burfening                                                                   Tel: [phone]

Company website: www.planthealthcare.com

About Plant Health Care:  Plant Health Care is a leading provider of novel patent-protected biological products to the global agriculture markets.  In this way, Plant Health Care is capitalising on long-term trends toward natural systems and biological products for plant care and soil and water management.  The Company's ordinary shares have been quoted on the AIM market of the London Stock Exchange since July 2004 (ticker symbol: PHC). 

 

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