DAVIS, Calif., April 11, 2014 (GLOBE NEWSWIRE) -- Marrone Bio Innovations, Inc. (MBI) (Nasdaq:MBII), a leading global provider of bio-based pest management and plant health products announced it has submitted MBI-601 EP, a biofumigant, to the United States Environmental Protection Agency (EPA) for registration. The product controls and suppresses plant parasitic nematodes, insect pests and soil-borne plant diseases in agricultural and horticultural soils. The active ingredient, Muscodor albus strain SA 13, produces volatile compounds that inhibit the growth of or kill economically important pests and plant diseases. It targets the most destructive species of nematodes—root knot, sting, ring, spiral, cyst, lance, and lesion and also the highly-damaging plant diseases Fusarium root rot, damping off, southern blight and Verticillium wilt. With this control, field trials show increased yields in treated strawberries, lettuce and other crops.
"We expect MBI-601 to fill a real need for high value fruit, vegetable, and ornamental growers. Soil fumigants have been valuable tools in protecting these crops worldwide and making their production economically feasible. However, many fumigants have been restricted or removed from the market due to increased regulatory restrictions and concerns about their toxicity to humans and the environment," explains Jim Lappin, MBI's VP of Product Management and Business Development.
"MBI-601, a naturally occurring, biologically-based fumigant, will provide an alternative to the traditional synthetic materials. In fact, it is anticipated that workers can return to the treated acres quickly after the product has been applied and planting the crop after application will be shorter than with traditional fumigants. Additional uses in the future, as we further develop the product may include post-harvest, turf, silviculture and seed treatments," adds Lappin.
MBI-601 is the seventh new active ingredient submitted by MBI to the EPA. "MBI continues to execute on its strategy of rapid development of multiple products across the full range of customer needs. With the losses and restrictions of chemical fumigants, biologicals have the potential to help fill an unmet market need," said Pam Marrone, the company's CEO.
About Marrone Bio Innovations
Marrone Bio Innovations, Inc. (Nasdaq:MBII) is a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental, and water treatment markets. Our effective and environmentally responsible solutions help customers operate more sustainably while controlling pests, improving plant health, and increasing crop yields. We 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.
The statements contained in this press release that are not purely historical are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this press release include statements regarding our expectations, beliefs, hopes, goals, intentions, initiatives or strategies, including statements relating to market size and the results from the field trials. Because these forward-looking statements involve risks and uncertainties, there are important factors that could cause actual results to differ materially from those in the forward-looking statements, including the difficulty in predicting the outcome of product research and development efforts and regulatory approvals. Additional relevant information concerning risks can be found in the in the Form 10-K that the Company filed with the Securities and Exchange Commission on March 25, 2014.
CONTACT: Rich Fedigan Marrone Bio Innovations 530-750-8755 firstname.lastname@example.org
Source:Marrone Bio Innovations