Botry-Zen says sales for its product have topped $500,000 for the first time.
The biotech company says it recorded strong sales in the 11 months to February.
Botry-Zen also says production of its biological fungicide has surpassed 2 tonnes so far this year, compared with the 7.5 tonnes prepared last year.
The company says it is evaluating options for securing extra working capital.
