National, August 27, 2024: IPL Biologicals Ltd. (IPL), the global leader in agri-biologicals with the widest portfolio of bio-pesticides, bio-fungicides, and bio-fertilizers; and AFEPASA, one of the oldest and respected manufacturers of bio-control, nutrition and plant bio-stimulation solutions of Europe, have signed an Agreement to globally register and market IPL’s proprietary microbial biopesticides. These products have been tried and rested all over the world and are much sought after globally. The first product to be registered will be IPL’s star nematicide with a very high level of efficacy. Starting with Europe, this product will be registered globally. As chemical products are largely ineffective against nematodes, the global market potential for IPL’s nematicide is huge.
The Agreement was signed at the AFEPASA office in Spain, where IPL was represented by Mr. Harsh Bhagchandka, President, and AFEPASA was represented by Mr. Manel Montaño, CEO. This JV will benefit farmers across the world by providing solutions for the difficult-to-control pests, reducing their dependence on chemicals while improving yield and quality.
Speaking on the joint venture, Mr. Harsh Vardhan Bhagchandka, President of IPL Biologicals Ltd. Said, “We are thrilled to join hands with AFEPASA in this groundbreaking partnership that will bring our cutting-edge agri-biological solutions to Europe. Due to resistance, many agri problems have defied solution by chemical pesticides. Also, biological products do not have a problem of dangerous residue in the crops. Our biological products have shown remarkable efficacy in trials and large field demos all over the world. In AFEPASA, we have a partner who will enable us to quickly take to the market our most exciting product.”
Mr. Manel Montaño, CEO of AFEPASA commented, “The strategic collaboration with IPL Biologicals will enable us to offer innovative bio-pesticides to the European and global markets. We will be replacing harmful synthetic pesticides with safe biologicals, not only prioritizing the health of food consumers but also that of our environment. We are happy to be associated with IPL Biologicals, the global technology leader in agri-biologicals, and a company that has the most exciting technology path for the future, and who we are certain will dominate the global agri-biologicals market.”