IPL Biologicals joins hands with AFEPASA, Spain for global joint registration of biological products

National, August 30th, 2024: IPL Biologicals Ltd. (IPL), the global leader in agri-biologicals with the widest and high-performing portfolio of bio-pesticides, bio-fungicides, and bio-fertilizers; and AFEPASA, one of the oldest and respected manufacturers of bio-control, nutrition and bio-stimulation solutions in Europe, have signed an Agreement to globally register and market IPL’s proprietary microbial bio-pesticides. These products have been tried and tested all over the world with very high-levels of efficacy and are much sought after globally. Starting with Europe, these products will thereafter be registered globally. As chemical products are largely ineffective, and also leave dangerous residue, the global market potential for IPL’s bio-pesticides is huge.

The Agreement was signed at the AFEPASA office in Spain, whereIPL was represented by Mr. Harsh Vardhan Bhagchandka, President;and AFEPASA represented by Mr. Manel Montaño, CEO. This JV will benefit the farmers across the world by providing solutions for the difficult to control pests, reduce their dependence on chemicals, while improving the yield and quality.

Speaking on the joint venture, Mr. Harsh Vardhan Bhagchandka, President of IPL Biologicals Ltd. said, “We are excited to join hands with AFEPASA in this ground breaking partnership that will bring our cutting-edge agri-biological solutions to Europe. Due to resistance many agri problems have defied solution by chemical pesticides. Most importantly, 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 products.”

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 most innovative and technology focussed agri–products company, that has the most exciting technology path for the future; and who we are certain will dominate the global agri-biologicals market.”

The registration process will begin with three of IPL’s star products in six core European countries, followed by 12 core countries across other continents. The registration will eventually expand to 60-70 additional countries through direct and source registration, with an estimated cost of approximately $15 million. While the registration is being rolled out, IPL will also be introducing its other products into each market. AFEPASA’s extensive distribution network will be invaluable in the distribution and sale of these products. Revenue from this venture is expected to reach around $5 million by the third year post-registration, with projections of $60 million by year ten.

About IPL Biologicals Ltd.

IPL Biologicals Ltd. specializes in biological solutions for agriculture; and has the widest portfolio of bio-pesticides, bio-fungicides, and bio-fertilizerswith over 50 registered products for pest and disease management, and plant nutrient & health management. These products are renowned for high quality, efficacy and long shelf-life. IPL Biologicals has recently introduced a second-generation of consortium, pure-spore, 100% water soluble products. Focused on research and technology, IPL’s R&D has a world-class infrastructure with over 40 scientists, microbiologists, and agronomists. IPL has a most modern completely integrated manufacturing plant with Class-1000 contamination control facilities. IPL is setting up a new state-of-the-art plant in Gujarat with a total outlay of Rs. 400 crores. IPL Biologicals is aggressively introducing its products globally and has set up subsidiaries in a large no of countries and is already registering its products in over 50 countries.

About AFEPASA

AFEPASA is a business dedicated to offering biocontrol, nutrition and plant biostimulation solutions. With more than 130 years of experience in the development, manufacturing, registration and marketing of organic products, backed by a firm commitment to the environment, sustainability and the territory through a significant investment in research and development (R&D). Their presence in the national and international market has made them a trusted reference in the agricultural sector under the well-known name of AFEPASA.

Brief Note on Bio Products and Dangers of Chemical Products

The invention of synthetic fertilizers and pesticides in the early years of the 20th century dramatically changed the face of humanity by making it possible to grow enough food to feed the burgeoning human population leading to food security for the first time in human history. But this comes at a huge cost – these chemical inputs have led to the poisoning of our food and environment. These synthetic products have a long Residue in the environment, and the pests develop Resistance so that more and more pesticide has to be applied. This has led to cancer, genetic defects, and other scourges. Biological agri inputs offer a viable and safe alternative. These offer safe foods while also ensuring higher yields and better quality.

For further information, pls visit the websites:

IPL Biologicals : www.iplbiologicals.com

AFEPASA: https://www.afepasa.com/en/