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Re: DewDiligence post# 5908

Friday, 10/26/2012 7:55:25 AM

Friday, October 26, 2012 7:55:25 AM

Post# of 29280
SYT, Novozymes ink biological fungicide collaboration:

http://finance.yahoo.com/news/syngenta-signs-global-commercial-agreement-050000464.html

Syngenta and Novozymes today announced an exclusive global marketing and distribution agreement to commercialize Taegro, a fermented biological fungicide based on a naturally occurring bacterium Bacillus subtilis. It offers growers broad-spectrum disease control at very low application rates in a variety of crops. Its multiple modes of action make it highly complementary to Syngenta's extensive fungicide portfolio.

Expanding the existing registrations of Taegro in the U.S., the companies aim to offer the technology to growers around the world for use on a broad range of crops.

Financial details about the agreement were not disclosed.


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