AlgaEnergy will become exclusive worldwide distributor of Laboratoire M2 biocontrol products and will collaborate with the Quebec company’s scientists on new disease-control products for agriculture.
AlgaEnergy, global leader in microalgae biotechnology, has signed global product distribution and product development agreements with Laboratoire M2 Inc., a Quebec-based biotechnology company that develops natural and sustainable disinfectant products, including THYMOX CONTROL® fungicide and bactericide.
AlgaEnergy formulates and produces powerful, sustainable, microalgae-based crop inputs for the world’s growers. Laboratoire M2’s THYMOX® products, derived from the antimicrobial power of thyme oil and other natural oils, are used in crop and indoor agriculture, as well as in turf and garden markets.
Under the agreements, AlgaEnergy will gain exclusive global rights to distribute the THYMOX crop protection product line through AlgaEnergy’s business units in key agricultural markets in Europe, the Americas, Africa and Asia-Pacific. The two companies also signed a license and collaborative product development agreement under which their scientific teams will together work to create new, value-added biocontrol products.
“As with our partnership with Concentric Ag announced last fall, Laboratoire M2’s THYMOX CONTROL products will be available soon through AlgaEnergy’s worldwide distribution network,” said D. Ry Wagner, AlgaEnergy N.A. CEO and president of AlgaEnergy’s international agribusiness. “Laboratoire M2 has developed some of the most innovative natural biocontrol solutions in the market today. These agreements mark AlgaEnergy’s entry into the rapidly growing biocontrol sector and also sets the stage for future innovations coming from our scientific collaboration.”
“AlgaEnergy is excited not only by the near-term opportunities with the THYMOX CONTROL natural and organic products, but also by the possibilities of using our world-class microalgae platform and the products of the Concentric Ag platform to create best-in-class products that improve agricultural productivity and sustainability around the world,” he said.
Frank Palantoni, executive director of Laboratoire M2, sees tremendous game-changing potential in the new products that will result from these combined technologies.
“Our substantial investments in a new technology platform for our Crop Protection business unit have paid off,” Palantoni said. “Our highly flexible advanced nanotechnology has been engineered to be applied in many other biocontrol ingredients and actives.”
“This partnership with AlgaEnergy will give the world’s growers access to our THYMOX technology, which has been proven in field tests to offer effective protection against some of the most difficult pathogenic problems faced by growers,” he added.
AlgaEnergy had the privilege to share its disruptive vision and strategy that will define its commercial track for the next several years, as well as present the results of recent studies.16 December, 2021
Augusto Rodríguez-Villa, President of the biotechnology company, will continue as a member of the Board of Directors of the Spanish Bioindustry Association (AseBio).15 December, 2021
Carlos Rodriguez-Villa, General Manager of the biotech company, joins the Board of Directors of the European Biostimulants Industry Council (EBIC).25 November, 2021
Carlos Rodríguez-Villa, General Manager of AlgaEnergy, will participate in the panel ‘The rise of Corporate Venture Capital (CVC) in Europe: New trends’.17 November, 2021
The project is promoted and coordinated by AlgaEnergy, with top-level partners.04 November, 2021
The initiative seeks to actively help build a better world, not only by providing education, but also a safe and healthy environment for children in schools in Africa.26 October, 2021
With a large professional community and participant pool consisting of over 1600 delegates and 800 companies from 72 countries, it is one of the most important events of the year for AlgaEnergy.25 October, 2021
Hinarejos brings nearly 25 years of experience in the chemical and biological industry.21 October, 2021
AlgaEnergy, the biotechnology-based company participated for the seventh time in a row in this trade fair of international reference for the fruit and vegetable industry.20 October, 2021
The company actively participates in this benchmark event in the biotechnology sector, which it also supports as a prominent sponsor.22 September, 2021