BGT 4.55% 4.2¢ bio-gene technology ltd

another great result. " • Efficacy test shows Flavocide™...

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    another great result.
    "
    • Efficacy test shows Flavocide™ controls key insect pest in cereal crops world-wide
    • Control of Russian wheat aphid demonstrated in laboratory study
    • Highlights potential of Flavocide™ to control another pest in major global food crops
    • Cereal crop insecticide market estimated at A$980m per annum

    Bio-Gene Technology Limited (ASX: BGT, “Bio-Gene” or “the Company”) is pleased to announce the positive results of a successful Flavocide™ laboratory trial against major cereal crop pest the Russian wheat aphid (RWA; Diuraphis noxia). An estimated A$980m is spent on cereal crop insecticides globally* with aphids a primary target.

    The laboratory bioassay using Flavocide™, a liquid formulation containing flavesone (one of the Company’s lead compounds) was performed by cesar, an Australian based contract research organisation. It was designed as a pilot to examine the efficacy of the molecule against RWA, and to suggest future direction of research.

    • RWA is native to southern Russia and South West Asia, but is now found in Europe, North America, Africa and Australia.
    • This major cereal pest was found in South Australia in 2016 and infestations have since spread into Victoria, NSW and Tasmania.
    • The RWA are a major pest in wheat, barley and some grasses, and can cause significant yield lossesin cereal crops, at times up to 75%.
    • The RWA is distinct from other cereal aphids as it injects salivary toxins in addition to removing nutrients during feeding. "
 
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