AMOEBA (EPA:ALMIB) - AMOEBA SIGNS AN EXCLUSIVE DEVELOPMENT AND MARKETING AGREEMENT IN FRANCE WITH PHILAGRO FOR ITS GRAPEVINE BIOCONTROL PRODUCT

Transparency directive : regulatory news

09/12/2020 17:45

PRESS RELEASE

AMOEBA SIGNS AN EXCLUSIVE DEVELOPMENT AND MARKETING AGREEMENT IN FRANCE WITH
                PHILAGRO FOR ITS GRAPEVINE BIOCONTROL PRODUCT

Chassieu (France), December 9, 2020 - 5.45 pm- AMOEBA (FR0011051598 - ALMIB),
producer of a biological biocide capable of eliminating the risk in water and
human wounds, and of a biocontrol product for plant protection, still in the
testing phase, announces the signature of a Letter of Intent (LOI) with
PHILAGRO France, concerning the development and marketing of its biocontrol
product against vine downy mildew in France.

This signature, with a recognised player in the crop protection market, an
entity born from the strategic alliance of three Japanese groups (SUMITOMO
Chemical Company, NISSAN Chemical Industries and NIHON NOHYAKU Company),
follows on from the partnership announced in April 2020 to evaluate the
performance of the biocontrol fungicide containing AMOEBA's active substance:
the amoeba lysate Willaertia magna C2c Maky.

The aim of the LOI is to define the collaboration outlines between the two
companies before and after the marketing of the product on the French territory
with a view to signing a commercial partnership contract within 12 months.

Amoéba will carry out the regulatory tests necessary for the registration of
its product and PHILAGRO will refine the marketing and commercial positioning
of the product through field trials.

Amoéba has made an exclusive commitment with PHILAGRO France concerning vine
application over a marketing period of several years in France, the leading
European market for downy mildew treatment.

"The Philagro team is delighted to be able to work with Amoéba for the
development and future marketing of this very promising biocontrol solution in
the strategic segment of the vine downy mildew. The two companies share a
common vision of the evolution of the French market and high expectations in
biocontrol innovations, complementing each other perfectly to make this
solution a real technical and commercial success" explains Denis TROALEN,
General Manager of PHILAGRO France.

"The choice of PHILAGRO as an exclusive partner is guided by more than 25 years
of experience in the service of crop protection, a strong operational
positioning in biocontrol and a real capacity for commercial execution in this
strategic segment. The human relationship established between our two companies
during this 2020 year of field tests has convinced us of the unfailing
motivation of the teams to make the most of our product against vine downy
mildew in France. "comments Fabrice PLASSON, Chairman and CEO of Amoéba.

About Philagro
Philagro is the result of the strategic alliance of 3 Japanese R&D groups:
SUMITOMO Chemical Company, NISSAN Chemical Industries and NIHON NOHYAKU Ltd.
Recognised player in crop protection since 1993, PHILAGRO designs, develops and
markets solutions that are compatible with Sociéty's economic and
environmental requirements.

About AMOEBA:
Amoéba's ambition is to become a major player in the treatment of bacterial
risk in the fields of water, healthcare and plant protection. Our biological
solution is an alternative to chemical products widely used today. Amoéba is
currently focusing on the market of industrial cooling towers estimated at
EUR1.7Bn (1) on a global chemical biocide market for water treatment, evaluated
at EUR21Bn (2) and on the biocontrol market for plant protection estimated
globally at EUR1.6Bn (4). In the future, the Company is looking at developing
new applications such as chronic wound care, estimated at EUR 751 million (3)
in the USA. Sales of associated products with healthcare, biocides and crop
protection are subject to the Company being granted local regulatory market
authorizations. The Company is currently in a trial phase for biocidal and
plant protection applications and does not market any products.
Created in 2010, based in Chassieu (Lyon, France) with a subsidiary in Canada
and in the United States, Amoéba is quoted on Euronext Growth. The Company is
a member of the BPIfrance Excellence network and is eligible for the PEA-PME
SME equity savings plan setup. More information on www.amoeba-biocide.com.

(1) : Amoéba data combined from sources: DRIRE 2013, Eurostat, ARHIA 2013
(2) : Sources combined by Amoéba from water treaters, Freedonia, Eurostat et
      MarketsandMarkets
(3):  BCC Research, "Markets for Advanced Wound Management Technologies,"
      Wellesley, MA, 2017
(4):  Biopesticides Worldwide Market 2013, CPL, Wallingford, UK

Contacts:

Amoéba
Valérie FILIATRE
Directeur Général Adjoint
+33 4 26 69 16 00
valerie.filiatre@amoeba-biocide.com

Calyptus
Relations investisseurs & Presse
Grégory BOSSON / Mathieu CALLEUX
+33 1 53 65 37 90 /91
amoeba@calyptus.net

Disclaimer
This press release contains certain forward-looking statements concerning
AMOEBA which are based on its own assumptions and hypothesis and on information
that are available to us. However, AMOEBA gives no assurance that the estimates
contained in such forward-looking statements will be verified, which estimates
are subject to numerous risks including the risks set forth in the Universal
Registration Document of AMOEBA filed with the French Financial Markets
Authority (Autorité des Marchés Financiers) on April 30, 2020 under number
D20-0416 (a copy of which is available on www.amoeba-biocide.com). The
forward-looking statements contained in this press release are also subject to
risks not yet known to AMOEBA or not currently considered material by AMOEBA.
The occurrence of all or part of such risks could cause actual results,
financial conditions, performance or achievements of AMOEBA to be materially
different from such forward-looking statements.

Adresse : 38 Avenue des Frères Montgolfier, 69680 CHASSIEU
Société Anonyme au capital de 311 578,38 EUR
RCS Lyon 523 877 215

Tel: +33 (0)4 26 69 16 00 ? Email: contact@amoeba-nature.com
Linkedin: @amoeba-nature ? Twitter: @AmoebaNature
www.amoeba-nature.com

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