N2OFF: Save Foods Ltd. (100%) Wins Patent Opposition Filed by ECOLAB in Europe
N2OFF (NASDAQ: NITO) announced that its subsidiary Save Foods has won a patent opposition case filed by ECOLAB Inc. in Europe. The European patent EP2615932 covers a method of protecting edible matter using a specific performic acid composition, which is central to Save Foods' proprietary technology.
Save Foods' commercial solutions have demonstrated the ability to extend fresh produce shelf life while reducing hazardous pesticide usage by at least 50%. The European crop protection pesticides market was valued at $27.73 billion in 2021, with a projected value of $31.6 billion by 2026. ECOLAB has until April 9, 2025, to appeal the decision to the European Patent Register.
N2OFF (NASDAQ: NITO) ha annunciato che la sua filiale Save Foods ha vinto un caso di opposizione a un brevetto presentato da ECOLAB Inc. in Europa. Il brevetto europeo EP2615932 riguarda un metodo per proteggere materiali commestibili utilizzando una composizione specifica di acido performico, che è centrale nella tecnologia proprietaria di Save Foods.
Le soluzioni commerciali di Save Foods hanno dimostrato la capacità di prolungare la durata di conservazione dei prodotti freschi, riducendo l'uso di pesticidi pericolosi di almeno il 50%. Il mercato europeo dei pesticidi per la protezione delle colture è stato valutato 27,73 miliardi di dollari nel 2021, con un valore previsto di 31,6 miliardi di dollari entro il 2026. ECOLAB ha tempo fino al 9 aprile 2025 per presentare ricorso alla decisione del Registro Brevetti Europeo.
N2OFF (NASDAQ: NITO) anunció que su filial Save Foods ha ganado un caso de oposición a una patente presentada por ECOLAB Inc. en Europa. La patente europea EP2615932 cubre un método para proteger materia comestible utilizando una composición específica de ácido performico, que es central para la tecnología patentada de Save Foods.
Las soluciones comerciales de Save Foods han demostrado la capacidad de extender la vida útil de los productos frescos, reduciendo el uso de pesticidas peligrosos en al menos un 50%. El mercado europeo de pesticidas para la protección de cultivos fue valorado en 27,73 mil millones de dólares en 2021, con un valor proyectado de 31,6 mil millones de dólares para 2026. ECOLAB tiene hasta el 9 de abril de 2025 para apelar la decisión ante el Registro de Patentes Europeo.
N2OFF (NASDAQ: NITO)는 그 자회사 Save Foods가 ECOLAB Inc.에 의해 유럽에서 제기된 특허 반대 소송에서 승리했다고 발표했습니다. 유럽 특허 EP2615932는 특정 퍼포믹산 조성을 사용하여 식용 물질을 보호하는 방법을 다루고 있으며, 이는 Save Foods의 독점 기술의 핵심입니다.
Save Foods의 상업적 솔루션은 신선 농산물의 유통 기한을 연장하면서 위험한 농약 사용을 최소 50% 줄일 수 있는 능력을 입증했습니다. 2021년 유럽의 농작물 보호 농약 시장 가치는 277억 3천만 달러였으며, 2026년에는 316억 달러로 증가할 것으로 예상됩니다. ECOLAB은 유럽 특허 등록부에 대한 결정에 이의 제기를 위해 2025년 4월 9일까지 시간을 가집니다.
N2OFF (NASDAQ: NITO) a annoncé que sa filiale Save Foods a remporté une affaire d'opposition à un brevet déposée par ECOLAB Inc. en Europe. Le brevet européen EP2615932 porte sur une méthode de protection de matières comestibles à l'aide d'une composition spécifique d'acide performique, qui est centrale à la technologie propriétaire de Save Foods.
Les solutions commerciales de Save Foods ont démontré leur capacité à prolonger la durée de conservation des produits frais tout en réduisant l'utilisation de pesticides dangereux d'au moins 50 %. Le marché européen des pesticides pour la protection des cultures était évalué à 27,73 milliards de dollars en 2021, avec une valeur projetée de 31,6 milliards de dollars d'ici 2026. ECOLAB a jusqu'au 9 avril 2025 pour faire appel de la décision auprès du Registre européen des brevets.
N2OFF (NASDAQ: NITO) gab bekannt, dass seine Tochtergesellschaft Save Foods einen Patentwiderspruch von ECOLAB Inc. in Europa gewonnen hat. Das europäische Patent EP2615932 betrifft ein Verfahren zum Schutz von essbaren Materialien unter Verwendung einer spezifischen Peressigsäure-Zusammensetzung, die zentral für die patentierte Technologie von Save Foods ist.
Die kommerziellen Lösungen von Save Foods haben die Fähigkeit gezeigt, die Haltbarkeit frischer Produkte zu verlängern, während der Einsatz gefährlicher Pestizide um mindestens 50 % reduziert wird. Der europäische Markt für Pestizide zum Schutz von Kulturen wurde im Jahr 2021 mit 27,73 Milliarden Dollar bewertet, und für 2026 wird ein Wert von 31,6 Milliarden Dollar prognostiziert. ECOLAB hat bis zum 9. April 2025 Zeit, um gegen die Entscheidung beim Europäischen Patentregister Berufung einzulegen.
- Patent victory strengthens Save Foods' intellectual property protection in Europe
- Technology proven to reduce hazardous pesticides by 50%
- Large addressable market with European pesticide market valued at $27.73B
- Technology aligns with EU's pesticide reduction regulations
- Patent decision subject to potential appeal by ECOLAB until April 9, 2025
Insights
The successful defense of Save Foods' European patent EP2615932 against ECOLAB's opposition represents a significant intellectual property victory. The patent's scope, covering performic acid composition for protecting edible matter, is strategically important in the agricultural technology sector. While ECOLAB has until April 2025 to appeal, the initial victory strengthens Save Foods' IP portfolio and market position.
The patent's technology, which reduces pesticide use by
This patent victory has substantial commercial implications in the European crop protection market. The protected technology addresses two critical industry challenges: reducing harmful pesticide use and extending produce shelf life. With the EU's aggressive stance on pesticide reduction, Save Foods' validated technology is positioned to capture market share from traditional pesticide manufacturers.
The timing is particularly advantageous given the projected
Neve Yarak, Israel, Jan. 15, 2025 (GLOBE NEWSWIRE) -- N2OFF, Inc.\ (NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable solutions for energy and agri-tech innovation, announced that its subsidiary Save Foods Ltd. (“Save Foods”) was informed that opposition to its European patent EP2615932 filed by ECOLAB Inc. has been concluded in Save Foods’ favor.
ECOLAB Inc. has the right to appeal this decision to the European Patent Register in by April 9, 2025.
The European patent covers a method of protecting edible matter using a specific performic acid composition, which is a significant part of Save Foods’ proprietary technology and line of commercial solutions. Save Foods’ commercial solutions are proven to extend shelf life of fresh produce while dramatically reducing, by at least
According to statista.com The European Market value of crop protection pesticides in Europe in 2021 was 27.73 billion USD , with a forecast of 31.6$ US in 2026 a significant potential target market (https://www.statista.com/statistics/1426103/value-of-the-european-pesticide-market/).
"The favorable outcome for Save Foods is an important development both for Save Foods and N2OFF alike. We believe the decision will help strengthen Save Foods’ position in ongoing negotiations with leading companies across the globe, demonstrating the unique value of Save Foods’ technology,” said David Palach, CEO of N2OFF and a member of the board of directors of Save Foods. “Furthermore, this achievement aligns perfectly with the EU's efforts to reduce pesticide use in agriculture, offering a sustainable and innovative solution to meet these stringent regulatory goals."
About Save Foods Ltd.:
an innovative, dynamic company addressing two of the most significant challenges in the agri-food tech industry: food waste and loss and food safety. We are dedicated to delivering integrated solutions for improved safety, freshness and quality, every step of the way from field to fork. Collaborating closely with our customers, we develop new solutions that benefit the entire supply chain and improve the safety and quality of life of both the workers and the consumers alike. Our initial applications are in post-harvest treatments in fruit and vegetable packing houses processing produce including citrus, avocado, pears, apples and mangos.
By controlling and preventing pathogen contamination and significantly reducing the use of hazardous chemicals and their residues, Save Foods treatment not only prolong fresh produce shelf life and reduce food loss and waste, but they also ensure a safe, natural, and healthy product.
For more information visit our website: SAVE FOODS – SAVE FOODS
About N2OFF Inc.:
N2OFF, Inc. (formerly known as Save Foods, Inc.) is a clean tech company engaged in sustainable solutions for energy and innovation for agri- tech. Through its operational activities it delivers integrated solutions for sustainable energy, greenhouse gas emissions reduction and safety, quality solutions for the agri- tech market. NTWO OFF Ltd., N2OFF's majority-owned Israeli subsidiary, aims to contribute in tackling greenhouse gas emissions, offering a pioneering solution to mitigate nitrous oxide (N2O) emissions, a potent greenhouse gas with 310 times the global warming impact of carbon dioxide. NTWO OFF Ltd., aims to promote agricultural practices that are both environmentally friendly and economically viable. N2OFF recently entered the solar PV market and will provide funding to Solterra Renewable Energy Ltd. for the current project in the total Capacity of 111 MWp, as well as potential future projects. Save Foods Ltd., N2OFF's majority-owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination. N2OFF also has a minority ownership in Plantify Foods, Inc., a Canadian company listed on the TSXV that offers a wide range of clean-label healthy food options. For more information on Save Foods Ltd. and NTWO OFF Ltd. visit our website: www.n2off.com.
Forward-looking Statements:
This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because such statements deal with future events and are based on our current expectations, they are subject to various risks and uncertainties including, but not limited to, the potential appeal by ECOLAB in connection with the matter discussed in this press release, and Save Foods’ ability to effectively leverage the decision discussed in the press release in order to strengthen Save Foods’ position in the European market. Actual results, performance or achievements could differ materially from those described in or implied by the statements in this press release. The forward-looking statements contained or implied in this press release are subject to other risks and uncertainties, including market conditions as well as those discussed under the heading “Risk Factors” in N2OFF’s Annual Report on Form 10-K filed with the SEC on April 1, 2024, and in any subsequent filings with the SEC. Except as otherwise required by law, we undertake no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. References and links to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release. We are not responsible for the contents of third-party websites.
Investor Relations Contacts:
Michal Efraty
michal@efraty.com
FAQ
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