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Biotalys and Novonesis parnter up to manufacture and sell novel bio-fungicide

Biotalys and Novonesis have agreed on a partnership that encompasses the production, global supply, and certain commercialization rights of Evoca Ng.

Biotalys and Novonesis are completing the manufacturing process development phase for EVOCA NG, which includes an investment by Novonesis to facilitate the scale-up in production capacity to support global commercialization. The companies will also be commercial partners in the distribution and sale of EVOCA NG for select crops outside of the United States. Biotalys will receive a royalty on Novonesis' net sales of EVOCA NG for all covered territories. The agreed royalty percentage is a premium for the sector, reflecting the uniqueness of the AGROBODY technology for sustainable crop protection. The efficacy of its new mode of action has been confirmed through multi-year field trials and through the granting of a separate FRAC**-code for EVOCA.

In addition, the companies will explore future collaborations involving Biotalys' promising AGROBODY™ technology platform, including potential combinations with Novonesis' biocontrol technology.

Kim Mueller Christensen, VP of Animal and Plant Biosolutions Marketing and Business Development of Novonesis, said: "We are excited to partner with Biotalys to bring a novel biofungicide to the market with a new active ingredient. With EVOCA NG, we will be able to leverage our world-leading fermentation capabilities to add value to Biotalys' very promising AGROBODY technology. We look forward to working together with Biotalys to offer another novel biocontrol solution to our agricultural partners around the world and help shape a safer and more sustainable food production."

Kevin Helash, Chief Executive Officer of Biotalys, stated: "Novonesis is a well-respected international leader in the field of biosolutions. We are fortunate to have the opportunity to collaborate with them on producing EVOCA NG, enabling us to introduce the innovative AGROBODY technology to our global customers. This is an important step forward for Biotalys as we lay the foundation for future commercial launches from our AGROBODY 2.0 technology platform."

EVOCA NG is a biofungicide candidate with the same active ingredient as Biotalys' first-generation EVOCA, but with an optimized production process and formulation enabling commercialization of the product at competitive levels. EVOCA and EVOCA NG aim to provide fruit and vegetable growers with an efficacious new crop protection product to help control the devastating fungal diseases of Botrytis and powdery mildew.

For more information:
Biotalys
info@biotalys.com
www.biotalys.com

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