Syngenta Enters Partnership with Pasteuria BioScience
30 June 2011 Basel, Switzerland — Syngenta has entered into an exclusive global technology partnership with Pasteuria Bioscience Inc., a U.S. based biotechnology company, according to a press release.
Under the terms of the agreement, the two companies will develop bio-nematicide products based on the naturally occurring soil bacteria Pasteuria spp. This group of bacteria controls nematodes across a broad variety of crops.
“This global technology platform will offer growers a novel biological mode of action for nematode control,” said Christoph Goppelsroeder, Syngenta Global Head of Seed Care in a prepared statement. “Recent field trial results in US soybeans have shown encouraging results, demonstrating that this technology combined with Syngenta’s seed treatment expertise can provide growers with a significant opportunity to increase their yields.”
Joint development will initially focus on seed treatment products for the control of soybean cyst nematodes (SCN), estimated to cause more than $1 billion in crop losses each year in the United States alone. Syngenta and Pasteuria aim to launch the first product from such collaboration within two years, according to the release.
Financial details of the agreement have not been disclosed.
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