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submitted MBI-306 registration application documents to the U.
S.
Environmental Protection Agency (EPA) and submitted it to all three regulatory agencies in Brazil -the National Health Inspection Agency (ANVISA).
), the Ministry of Agriculture (MAPA) and the Institute of Environment and Renewable Natural Resources (IBAMA) submitted MBI-206 registration application documents, paving the way for the commercialization of their new nematicides/ insecticides .
MBI-306, and MBI-206 is based on a proprietary microorganism Burkholderia rinojensis A396 strain (Burkholderia), the microorganism is MBIVenerate ® biopesticides and Majestene ® active ingredient bionematicidal products
.
.
Before being approved by the EPA, MBI-306 will compete in the US$15.
7 billion global pesticide market, providing specialty crops and row crop growers with a broad-spectrum control of pests and nematodes (including corn rootworms) that seriously affect yields.
Larvae) new technology
.
7 billion global pesticide market, providing specialty crops and row crop growers with a broad-spectrum control of pests and nematodes (including corn rootworms) that seriously affect yields.
Larvae) new technology
.
MBI CEO Kevin Helash said: "Our application is progressing as planned, and the start of the regulatory review process will enable us to provide the world's largest soybean and corn growing areas with two differentiated products with good environmental benefits in the future
.
The potential peak revenue of these two products is estimated to exceed US$100 million.
MBI-306 and its equivalent products and MBI-206 will play an important role in promoting the growth of Marrone Bio in the field of crop biological protection and enhancing the company’s leadership in this field
.
"
.
The potential peak revenue of these two products is estimated to exceed US$100 million.
MBI-306 and its equivalent products and MBI-206 will play an important role in promoting the growth of Marrone Bio in the field of crop biological protection and enhancing the company’s leadership in this field
.
"
There are two applications for MBI-206 submitted for approval in Brazil: as a seed treatment and as a foliar / strip application product
.
After approval, the product can be used to control soybean and corn nematodes when used as a seed treatment
.
In the 2021/2022 planting season, the planting area of soybean and corn crops reached a record 148 million acres
.
.
After approval, the product can be used to control soybean and corn nematodes when used as a seed treatment
.
In the 2021/2022 planting season, the planting area of soybean and corn crops reached a record 148 million acres
.
"We look forward to working with strategic partners in South America to expand our global business, and MBI-206 is expected to be approved in Brazil is an important step forward for MBI
.
This seed treatment and foliar product fully demonstrates how we are actively building a comprehensive The combination of biological products and putting them on the market provides the greatest benefit for growers and MBI," Helash added
.
.
This seed treatment and foliar product fully demonstrates how we are actively building a comprehensive The combination of biological products and putting them on the market provides the greatest benefit for growers and MBI," Helash added
.
These two products are expected to go on sale in 2023/2024
.
.