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HomePosts Tagged "Clonostachys rosea CR-7 (CR-7) biological fungicide for registration in Mexico"
Agbiologicals, Agribusiness, Agrotech, Bee keeping, Company News, Fungicides, World

The approval covers delivery of CR-7 using both bumble bees and honeybees on various high value crops, including the berry group of crops and indoor vegetables.

Bee Vectoring Technologies International Inc. announced that the Company’s proprietary Vectorite with Clonostachys Rosea CR-7 (CR-7) has been approved by Mexico’s COFEPRIS (The Federal Commission for Protection from Sanitary Risks), the country’s health authority responsible for registration of plant protection products, for use as a fungicide on commercial crops. The approval covers delivery of CR-7 using both bumble bees and honeybees on various high value crops, including the berry group of crops and indoor vegetables.

“The success of BVT receiving regulatory approval for its product in Mexico is consistent with our strategy to focus on increasing the Company’s addressable market through geographic market expansion,” said Ashish Malik, CEO of BVT. “With US EPA approval in 2019, and now by adding Mexico COFEPRIS approval allowing BVT’s CR-7 to be sold in Mexico for the first time, we have significantly increased the market opportunity for commercial sales of the Company’s proprietary biological fungicide.”

Mexico’s growers offer significant market potential for BVT’s natural precision agriculture system: official statistics indicate that the country’s production in 2019 included 41,600 acres of strawberries, 12,100 acres of blueberries and over 377,000 acres of tomatoes and peppers.(1) In the same year, US imports of fresh and processed fruits and vegetables from Mexico amounted to US$15.6 billion.(2) The country uses US$1.3 billion worth of pesticides each year,(3) but an increasing number of growers are turning to biologicals as an alternative that offers better quality, greater food safety and reduces the need for chemicals.

“Having already completed demos with some berry growers in Mexico, and with the registration now in hand, BVT is in a great place to secure a commercial arrangement with a partner to bring our system to market in Mexico,” added Malik. “Mexico is a strategic market for BVT – being an export-oriented country where the growers are keen to adopt low- or no-chemical solutions to fight diseases and increase crop yields, BVT’s all-natural solution together with the classification of CR-7 being exempt from residue tolerance in the US, will provide them with a competitive advantage.”

Mexico’s COFEPRIS registration makes Vectorite with CR-7 available immediately for sale as a registered fungicide for use on the labelled crops.

The approval covers delivery of CR-7 using

Bee keeping, Biostimulants, North America

The dossier included CR-7 trial data already completed in Mexico and studies into human safety, environmental impact, and product efficacy as required to support product registration.

Bee Vectoring Technologies International Inc. has announced that the Company has submitted its proprietary Clonostachys rosea CR-7 (CR-7) biological fungicide for registration in Mexico. The registration dossier was presented on April 19, 2022 at a meeting with COFEPRIS (The Federal Commission for Protection from Sanitary Risks), the Mexican health authority responsible for registration of plant protection products. The dossier included CR-7 trial data already completed in Mexico and studies into human safety, environmental impact, product efficacy and more, as required to support product registration.

This application is part of a 2022 program to submit in up to four new jurisdictions allowing the Company to significantly increase its geographic footprint and open new revenue streams.

“We’re anticipating a quicker review process as compared to chemicals in Mexico because CR-7 should be considered a low-risk product,” said Gerardo Suazo, Senior Technical Manager for Mexico at BVT. “However, registration timelines with Mexican health authorities have been experiencing delays due to pandemic-related labor shortages and the backlog of submissions making it hard to predict review timing.”

Mexico’s growers offer significant market potential for BVT’s natural precision agriculture system: official statistics indicate that the country’s production in 2019 included 41,600 acres of strawberries, 12,100 acres of blueberries and over 377,000 acres of tomatoes and peppers. In the same year, US imports of fresh and processed fruits and vegetables from Mexico amounted to US$15.6 billion.

“Mexico is a huge export market, and high-volume growers are keen to adopt low- or no-chemical solutions to fight diseases and increase crop yields,” said Ashish Malik, CEO of BVT. “The country uses US$1.3 billion worth of pesticides each year, but an increasing number of growers are turning to biologicals as an alternative that offers better quality, greater food safety and reduces the need for chemicals.”

The dossier included CR-7 trial data already