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Devgen announces promising results of its nematicide field trials in banana plantations

11 May 2007 - Devgen NV provided a business update highlighting progress with its portfolio of programs and some key financials. In particular, Devgen announced the results of exploratory trials with its nematicide product under development in banana plantations. According to the company, the observed improvement in plant growth and "vigor", justifies a full fledged initiation of a development program on bananas, expanding the commercial opportunity for Devgen's nematicides. During the trials banana plants were treated with Devgen's product and another commercial available product as a standard.