Greensboro, N.C.-DuPont Co. and Syngenta AG announced June 24 that they have agreed to a crop protection technology exchange, whereby the two companies will share the costs to prepare the regulatory studies for DuPont’s new broad spectrum insecticide Cyazypyr. The agreement will allow both companies to pursue commercialization opportunities based on the compound. The new pesticide is complementary to DuPont’s Rynaxypyr insect control product, which Syngenta is using in mixtures with its own insect control products. Financial terms of the agreement were not disclosed. The agreement also specifies that Syngenta will grant DuPont access to mesotrione, the active ingredient in Callisto, a post-emergence herbicide for corn and sugarcane crops. The two companies said the agreement will broaden each company’s crop protection portfolio and enable them to efficiently bring new products to market. In May, Syngenta also announced a royalty-sharing agreement with Monsanto. In that agreement, Monsanto agreed to receive a royalty-bearing license to Syngenta’s dicamba herbicide tolerance. Syngenta, in turn, will receive a royalty-bearing license to Monsanto’s Roundup Ready 2 Yield soybean technology and get more favorable marketing conditions for its Bt11 European corn borer control.
Transparency Across the Fertilizer Value-Chain