DAVIS, Calif., Feb. 06, 2019 (GLOBE NEWSWIRE) — Marrone Bio Innovations Inc. (NASDAQ: MBII) (MBI), a leading developer of biological crop protection and plant health solutions, is offering a pair of products – Haven® for Plant Health and Regalia® Biofungicide – to serve California almond growers as market demand for almonds continues to boom around the globe.
Years of field trials have shown that the use of MBI’s biological products can offer growers an increased return on investment. Further, both Haven and Regalia support objectives of the new Almond Orchard 2025 Goals of the Almond Board of California “dedicated to producing an economically, environmentally and socially responsible crop for California” and specifically by supporting “grower adoption of environmentally friendly pest management tools by 25 percent.”
“California growers hold a critical role in global almond production,” noted Pam Marrone, founder and CEO of Marrone Bio Innovations. “As annual production approaches three billion pounds and the consumer demands greater transparency on inputs, MBI remains committed to the development and distribution of environmentally responsible biologicals that enhance standard pest and disease management and plant health solutions, while allowing both organic and conventional almond farmers to increase their ROI.”
Regalia maximizes control of almond brown rot and anthracnose, the most serious bloomtime diseases. Using Regalia early and throughout the season stimulates the tree’s innate ability to ward off disease. Multi-year trials across all key growing areas have shown that Regalia at one-to-two quarts per acre in a rotation, or as a tank mix partner, improves disease control by an average of 35 percent over rotations and tank mixes of the chemical standards without Regalia. Incorporating Regalia into any type of tank mix achieves better disease control (less damage). In addition, with its unique mode of action, Regalia can make disease management programs more durable by reducing the probability that almond plant pathogens develop resistance to commonly used chemical fungicides.
Haven for Overall Almond Plant Health
With its powerful plant-derived active ingredient, Haven helps protect crops from heat stress. Reduced heat stress has been proven to increase marketable yield in multiple years of field testing, leading to a seven-to-one return on investment. Additional benefits of Haven include easy application, no visible deposit, flexible harvest and uncomplicated nut processing. By improving the almond nut yields and increasing the trunk girth of almonds, Haven complements the Almond Orchard 2025 Goals.
More information on Haven and Regalia is available online at MarroneBio.com or by calling 877-664-4476.
About Marrone Bio Innovations
Marrone Bio Innovations Inc. (NASDAQ: MBII) strives to lead the movement to a more sustainable world through the discovery, development and sale of innovative biological products for crop protection, plant health and waterway systems treatment that support a better tomorrow for growers, turf managers and consumers around the globe. MBI has screened over 18,000 microorganisms and 350 plant extracts, leveraging its in-depth knowledge of plant and soil microbiomes enhanced by advanced molecular technologies to rapidly develop seven effective and environmentally responsible pest management products to help customers operate more sustainably while uniquely improving plant health and increasing crop yields. Supported by a robust portfolio of over 400 issued and pending patents around its superior natural product chemistry, MBI’s currently available commercial products are Regalia®, Stargus®, Grandevo®, Venerate®, Majestene®, Haven® and Amplitude™, Zelto® and Zequanox®.
Marrone Bio Innovations Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties. All statements, other than statements of historical facts, included in this press release regarding strategy, future operations and plans, including assumptions underlying such statements, are forward-looking statements, and should not be relied upon as representing MBI’s views as of any subsequent date. Examples of such statements include the potential of the MBI’s products and market projections in almonds. Such forward-looking statements are based on information available to the Company as of the date of this release and involve a number of risks and uncertainties, some beyond the Company’s control, that could cause actual results to differ materially from those anticipated by these forward-looking statements, including weather, regulatory and other factors affecting demand for the MBI’s products, any difficulty in marketing MBI’s products in its target markets, competition in the market for pest management products, lack of understanding of bio-based pest management products by customers and growers. Additional information that could lead to material changes in MBI’s performance is contained in its filings with the SEC. MBI is under no obligation to, and expressly disclaims any responsibility to, update or alter forward-looking statements contained in this release, whether as a result of current information, future events or otherwise.
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