Two Inocucor Technologies products registered in Canada

MONTREAL, QUEBEC, CANADA — Inocucor Technologies Inc. announced in a press release that the Canadian Food Inspection Agency (CFIA) has registered its first two specialty ag biological products for use by Canadian farmers and greenhouse growers.

Synergro is a live-cell formulation for high-value produce, such as strawberries, tomatoes, lettuce and broccoli. Synergro Free is a cell-free bio-fertilizer additive to existing plant nutrients for commodity row crops, such as soybean, corn and wheat.

Inocucor's products are among the first microbial products of their kind to be registered in Canada.

"Our technology is unique in the agricultural sector because it harnesses the power of beneficial microbes that occur in nature. Through the company’s proprietary fermentation process, these microbial products and their active bio-molecules give farmers new tools that naturally improve soil health and increase crop yields," said Donald R. Marvin, president and CEO of Inocucor.

Registration of its products in Canada opens up a vast new market for Inocucor. Until now, both products have been sold or used in major field trials only in the U.S., where Synergro is registered in 22 states, and Synergro Free is registered in 16 states.

Inocucor's first products have been produced at its 10,000-square-foot R&D and pilot production laboratories at Technoparc Montreal. Both products are designed to fit into standard agriculture practices, according to a press release. They can be tank mixed with macro/micronutrients and herbicides and applied as a seed drench, in furrow side dressing, or as a drip irrigation and foliar spray on farms or in greenhouses.

Marvin said Inocucor has documented four years of enhanced yield increases and improved soil health through field trials and demonstrations conducted with commercial partners and customers in the U.S. and Canada. The company also collaborates with academic partners that include McGill University, the University of Georgia and Clemson University, and with major agri-chem companies and distributors of ag inputs on product testing and development.

The company is currently completing a Series B equity financing round on the order of $10 to $12 million with venture capital, institutional and family office investors. Proceeds from this financing will be used to open a U.S.-based commercialization office to support the company’s growing base of customers and commercial partners.