FMC acquires rights to new crop fungicide
FMC Corporation and Sankyo Agro Co., Ltd., announced Monday that FMC has secured exclusive access to simeconazole, a proprietary, triazole fungicide. Under an agreement with Sankyo Agro, FMC has acquired the rights to develop, register, market and sell both stand-alone and combination products containing simeconazole globally, except for several countries in Asia and the Middle East.
Subject to EPA approval and completion of the development program, first sales are expected in 2010/11 timeframe.
Simeconazole was discovered and patented by Sankyo Agro and has been registered in several countries in Asia and the Middle East. Sankyo Agro actively markets the product in Japan and has secured registrations for use in rice, soybeans, pome & stone fruit, vegetables, strawberry, tea and turf.
Click here to read the full announcement.
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