Syngenta, DuPont Team On Insecticide
24 June 2008 Syngenta and DuPont have announced an agreement to share the costs of regulatory studies for DuPont’s cyazypyr active ingredient, a broad spectrum insecticide for the control of lepidoptera and sucking pests, according to PR Newswire.
The agreement will broaden each company’s crop protection product portfolios and enable them to bring new products to market more efficiently, according to the companies. It is also expected to lead to expanded global registrations and commercialization opportunities for both companies.
Cyazypyr is complementary to the DuPont Rynaxypyr insect control product that Syngenta is developing in mixtures with its own insect control products. Under the agreement, Syngenta will also grant DuPont access to mesotrione, the active ingredient in Callisto. DuPont will develop mixtures with their proprietary herbicides for use on corn and sugarcane.
John Atkin, CEO of Syngenta Crop Protection, said, "This agreement gives Syngenta access to new chemistry to develop broad spectrum solutions in the global insecticide market, estimated at around $8 billion."
James C. Collins, vice president and general manager of DuPont Crop Protection, added that "this agreement expands our offerings and enables DuPont to make additional investments in our future pipeline to deliver answers that will help our customers improve their productivity and profitability both today and in the future."
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