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2024-08-21 21:06
Product Was Suspended by EPA Based on One Rodent Study
American Vanguard Corporation (NYSE:AVD) today announced that, following its decision in April 2024 to voluntarily stop sales of Dacthal herbicide products, the Company has submitted to the Environmental Protection Agency ("EPA") voluntary cancellation requests for all of its federal registrations of those products. Those registrations are currently the subject of an emergency suspension order that was issued by EPA on August 6, 2024.
In connection with its action, the Company made the following statements.
While the Company continues to question EPA's conclusions in support of the suspension, we believe that the best course of action is to voluntarily cancel registrations of this product. We are working apace with both state and federal authorities to effect product return and to remove Dacthal from channels of distribution. It is the Company's position that product stewardship be international in scope; thus, we will now proceed to voluntarily cancel all international registrations as well.