Isagro S.p.A. and Syngenta enter into a commercial agreement for the supply and commercialization of the biological fungicide Remedier
Milan, Italy
February 19, 2013
ISAGRO S.p.A. announces that it has entered into a regional agreement with Syngenta (SYNN:SIX) for the exclusive supply and distribution of Remedier®, a biological fungicide for the control of soil-borne diseases in vegetables and ornamentals based on Trichoderma asperellum and Trichoderma gamsii technology and developed by Isagro’s innovative research.
Remedier® offers highly effective broad-spectrum control of soil diseases at low application rates and is compatible with many chemical fungicides making it an ideal partner for the most innovative integrated control strategies.
The agreement will allow Isagro to gain access to Syngenta’s large distribution network, sales and marketing expertise, while enabling Syngenta to strengthen its offer of high-performing integrated solutions and its own innovative range of fungicides by earning the right to distribute Remedier®, under its own trademark on an exclusive basis, in most countries of Europe, Middle East and Africa. In such countries Isagro will exclusively supply Syngenta, who will be the sole distributor and collaborate in registration activities with the product.
“This agreement confirms our commitment to the discovery of new molecules and bio-controls and establishes a long term alliance with an industry leader; we thus look forward to a successful partnership with Syngenta” said Giorgio Basile, President and Chief Executive Officer of Isagro.
Further terms of this commercial agreement were not disclosed.
Isagro has become in twenty years a qualified operator in the agrochemicals business. Listed on the Italian Stock Exchange since 2003, Isagro is active in the Innovative Research, development, production and marketing, on a worldwide scale, of proprietary agricultural pharmaceuticals, as well as in their distribution in some important markets.
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Website: http://www.isagro.com Published: February 20, 2013 |
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