Plant Health Care announced on Friday its new biochemical fungicide PHC279 has been approved for use on sugar cane and coffee crops in Brazil, the world’s largest producer of both. PHC279 stimulates the plant’s natural defenses to control diseases like orange rust and coffee leaf rust.
The environmentally friendly fungicide is expected to be widely adopted by Brazilian farmers who spent over $46 million controlling sugar cane diseases and $127 million on coffee diseases in 2021/22. PHC279 was submitted for approval in December and received swift regulatory approval from three Brazilian agencies in under a year.
PHC279 originates from Plant Health Care’s natural protein technology platform PREtec. The company continues to scale globally, growing relationships with major distribution partners. Plant Health Care is on track to achieve $30 million revenue by 2025 through new product launches and organic business growth.
‟Building on the success of Saori use in soybeans and the continued growth of H2Copla use in sugar cane, this new registration will bring the benefits of PHC279 to sugar cane and coffee growers and expand Plant Health Care’s current business in Brazil,” said Jeff Tweedy, CEO of Plant Health Care.
“This product will help Brazilian farmers sustainably produce crops and supports the Company’s vision to be a leading global provider of peptides for agricultural production.”