Edmonton, Alberta, Canada
October 29, 2007
Innovotech Inc. (TSX VENTURE:IOT) has filed for regulatory
approval with the Pest Management Regulatory Agency of Health
Canada for AgressTM, its novel seed treatment for diseases of
soy and bean crops. "AgressTM is a breakthrough seed treatment
as it is the only product effective against both fungal and
bacterial crop diseases. In addition, it has an outstanding
environmental safety profile and is cost-competitive with
current products" says Wolfgang Muhs, CEO of Innovotech.
Application to the United States Environmental Protection Agency
(EPA) will follow shortly.
Soy and bean crops alone represent greater than $500 million in
sales potential annually for AgressTM in North and South
America. The company has initial research results indicating the
efficacy of AgressTM in treating other high value agricultural
crops and is currently pursuing these opportunities in parallel
with this regulatory filing.
The company's expertise is microbial biofilms, the most
common and most difficult to treat form of microorganisms. The
company uses its patented technology to develop products and
services for clients in human health, agriculture and industry. |
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