Printer Friendly

ECOGEN SIGNS RESEARCH & DEVELOPMENT AGREEMENT WITH MALAYSIAN INSTITUTE

 LANGHORNE, Pa., March 15 /PRNewswire/ -- Ecogen Inc. (NASDAQ: EECN) today announced that it has signed a research and development agreement with the Malaysian Agricultural Research and Development Institute (MARDI) to survey and isolate entomoparasitic nematodes (microscopic roundworms) for control of certain agricultural pests. MARDI is a leading agricultural research organization in Asia.
 Under terms of the agreement, MARDI will isolate entomoparasitic nematodes and Ecogen will identify and work toward commercialization of the nematode isolates discovered by MARDI. In addition, MARDI will study the interaction of nematodes on economically important insect pests in Asia as well as the efficacy of nematodes on target insect pests under field conditions. The target pests to be evaluated in this study may include: a complex insect pest on cabbage, cocoa pod borer, rhinoceros beetle, chafer beetle and fruit bark borer.
 "This strategic alliance gives us access for our nematode technology into Malaysia and Southeast Asia -- a major market for bioinsecticides. It will also further our ability to identify new technology opportunities," said John L. McIntyre, vice president for Business Development and International Distribution of Ecogen. "Ecogen Technologies I Inc., an independent company organized by Ecogen, has provided us with the R&D funding needed to advance the development of insecticidal nematodes and other technologies in Ecogen's portfolio."
 In December, Ecogen signed a cross-licensing agreement with the Commonwealth Scientific and Industrial Research Organization of Australia to study insecticidal nematodes. In October 1992, the company signed a $9.5 million pact with Italy's 3A S.r.l to research and develop biopesticides, with a primary emphasis on insecticidal nematodes. These recent agreements covering nematode research, including the relationship with MARDI, are Ecogen's latest efforts to expand its presence in the global arena.
 Through its various agreements, Ecogen now serves the agricultural communities in Mexico, Europe, Africa, Asia, Taiwan, Latin America, the Middle East, Australia, New Zealand, India and the U.S., and has production facilities in Australia, Israel and the U.S.
 MARDI, the Malaysian Agricultural Research and Development Institute, is the governmental body responsible for agricultural research and the evaluation of pesticides in the country. Headquartered outside Kuala Lumpur, MARDI has several field stations around the country. MARDI's research is widely respected throughout Malaysia and the region.
 Ecogen Inc. is an agricultural biotechnology company specializing in biological pest control. Ecogen has developed and is marketing a number of novel and proprietary biopesticides, including Cutlass(R) bioinsecticide for vegetables, and tree, nut and vine crops, Condor(R) bioinsecticide for vegetables, cotton, and soybeans, Foil(R) potato bioinsecticide, Otinem(R) bioinsecticide and Collego(R) rice bioherbicide. The company recently expanded its product portfolio with the acquisition of Scentry, providing Ecogen with pheromone-based Bee- Scent(TM), Attract `n Kill(TM) and NoMate(R). The company is also developing products for corn, home/garden and ornamental use as well as biofungicides including products for the control of powdery mildew and post harvest rot diseases.
 NOTE: Cutlass, Condor, Foil, Collego, Otinem, Bee-Scent, Attract `n Kill and NoMate are trademarks of Ecogen Inc.
 -0- 3/15/93
 /CONTACT: John L. McIntyre, vice president of Business Development and International Distribution of Ecogen Inc., 215-757-1590, or Donald C. Weinberger, investors, Strategic Growth International, 212-826-9622, or Anthony J. Russo, Ph.D., of Noonan-Russo Communications, Inc., media, 212-979-9180, for Ecogen Inc./
 (EECN)


CO: Ecogen Inc. ST: Pennsylvania IN: MTC SU:

TM-LD -- NY007 -- 5867 03/15/93 08:31 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Mar 15, 1993
Words:563
Previous Article:HUDSON'S BAY COMPANY INSTALLS SYMBOL TECHNOLOGIES LASER RADIO TERMINALS FOR INVENTORY
Next Article:U.S. ROBOTICS SLASHES SPORTSTER PRICING UP TO 52 PERCENT; INCREASES PRODUCT PERFORMANCE WITH CCITT V.17 FAX
Topics:


Related Articles
ECOGEN AND PFIZER SIGN FIVE-YEAR AGREEMENT FOR BIOPESTICIDE PRODUCTION
ECOGEN REPORTS FOURTH QUARTER AND YEAR-END RESULTS; COMPANY EXPECTS FIRST QUARTER 1993 REVENUES TO NEARLY TRIPLE
ECOGEN AND NISSAN CHEMICAL SIGN STRATEGIC ALLIANCE
ECOGEN SIGNS AGREEMENTS WITH TOP GERMAN UNIVERSITY AND EUROPEAN DISTRIBUTION PARTNER
FIRST REGISTRATIONS FOR ECOGEN PRODUCTS IN FRANCE; MARKETING APPROVAL FOR TWO BIOINSECTICIDES
ECOGEN EXPANDS STRATEGIC ALLIANCE WITH NISSAN CHEMICAL
ECOGEN RENEGOTIATES EUROPEAN RESEARCH CONTRACTS AND STREAMLINES ITS RESEARCH & DEVELOPMENT EFFORTS
ECOGEN SIGNS $25 MILLION DEAL WITH MONSANTO;
ECOGEN COMPLETES $25 MILLION DEAL WITH MONSANTO
FMC to Distribute Ecogen's Lepinox Product In Mexico, Central and South America.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters