May 22, 2013Syngenta and DuPont enter agreement
Syngenta has obtained a global license from DuPont to develop products containing DuPont’s fungicide oxathiapiprolin.
Under the agreement Syngenta receives exclusive rights for foliar and soil uses on all crops in North America and for lawn and garden uses globally. Syngenta also secures rights on certain crops for seed treatment globally and for the development of folia and soil uses on certain crops outside of North America.
DuPont receives exclusive access to Syngenta’s Solatenol for mixture with DuPont’s picoxystrobin fungicide on soybean and other crops in Brazil. Solatenol is a new benz-pyrazole SDHI fungicide that brings a new mode of action with no cross-resistance to existing fungicides.
The transactions are subject to approval from applicable regulatory authorities.