Plant Health Care PLC (AIM:PHC, OTCQB:PLHCF) (Plant Health Care PLC (AIM:PHC, OTCQB:PLHCF), Plant Health Care PLC (AIM:PHC, OTCQB:PLHCF)) Christopher Richards joins Proactive London's to talk about their performance in 2021 and how the achievements such as manufacturing their new product Saori in December.
The biological products developer unveiled the new partnership with Nutrien Ag Solutions to launch its novel Saori soybean seed treatment in Brazil, the world's largest producer of this pea.
Asian soybean rust, caused by the fungus Phakopsora pachyrhizi, is a disease that can lead to a crop yield loss of up to 90%. Brazilian soybean farmers spent US$2.85bn on disease control in the 2019/20 season.
The AIM-listed group is also preparing for the first launches of PHC279, tapping a market estimated to reach US$5bn.