Corteva Agriscience and Bioceres Crop Solutions to Advance Availability of Biologicals in Europe
18 Julho 2023 - 8:00AM
Business Wire
The Companies Signed an Exclusive Agreement on
Distribution of Innovative Bioinsecticide
Corteva Agriscience (Corteva) (NYSE: CTVA) and Bioceres Crop
Solutions Corp. (Bioceres) (NASDAQ: BIOX), announced today that
they have entered into an exclusive agreement to advance the
availability of biological solutions in Europe.
Under the agreement, Corteva Agriscience and Bioceres Crop
Solutions will work jointly to accelerate the regulatory processes
required to bring a cutting-edge bioinsecticide developed by
Bioceres’ subsidiary Pro Farm, to the European market.
The product is an extremely viable biological insecticide that
can be as effective as conventional insecticides and is a good fit
for mainstream agriculture, with target crops including corn and
other cereals, as well as sunflower and rape seeds. Once
registrations are secured, Corteva Agriscience will be the
exclusive distributor in Europe, through their Seed Applied
Technologies team and will also treat its Pioneer® brand seed
products with the technology.
In addition, Corteva Agriscience will continue to commercialize
Pro Farm’s Lumidapt™, a growth nutrition seed treatment for
crops.
Matti Tiainen, President of Pro Farm, a subsidiary of Bioceres
operating in Europe, said: “Demand for effective solutions with an
improved environmental profile is growing rapidly in Europe as the
regulatory environment is becoming more challenging and farmers
look for new and innovative products to control yield-damaging
pests and diseases. At Pro Farm, we have one of the world’s leading
biologically based product portfolios, with unique farmer-focused
and field-tested solutions to address this need. Through this
partnership we will build on Corteva Agriscience’s extensive
footprint and experience to bring our latest innovations to farmers
in the region.”
Jean-Philippe Riffat, EMEA Marketing Leader at Corteva
Agriscience, said: “Corteva Agriscience is committed to providing
farmers with a broad toolbox of sustainable solutions to help
ensure a productive and profitable yield. This agreement helps meet
societal and political demand for natural-based products, advancing
our mission to deliver innovative products that bring value to the
farm.”
“Our acquisitions of Symborg and Stoller reflect our commitment
to investing in Biologicals, cementing our position as a global
leader in the segment. And Seed Applied Technologies such as Pro
Farm’s Lumidapt™ involve treating the seed directly, helping
farmers get their crops off to the best start and lowering the
environmental footprint of agriculture.”
About Bioceres Crop Solutions Corp.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) is a leader in the
development and commercialization of productivity solutions
designed to regenerate agricultural ecosystems while making crops
more resilient to climate change. To do this, Bioceres’ solutions
create economic incentives for farmers and other stakeholders to
adopt environmentally friendlier production practices. The company
has a unique biotech platform with high-impact, patented
technologies for seeds and microbial ag-inputs, as well as next
generation Crop Nutrition and Protection solutions. Through its
HB4® program, the company is bringing digital solutions to support
growers’ decisions and provide end-to-end traceability for
production outputs. For more information, visit here.
About Corteva Agriscience
Corteva, Inc. (NYSE: CTVA) is a publicly traded, global
pure-play agriculture company that combines industry-leading
innovation, high-touch customer engagement and operational
execution to profitably deliver solutions for the world’s most
pressing agriculture challenges. Corteva generates advantaged
market preference through its unique distribution strategy,
together with its balanced and globally diverse mix of seed, crop
protection, and digital products and services. With some of the
most recognized brands in agriculture and a technology pipeline
well positioned to drive growth, the company is committed to
maximizing productivity for farmers, while working with
stakeholders throughout the food system as it fulfills its promise
to enrich the lives of those who produce and those who consume,
ensuring progress for generations to come. More information can be
found at www.corteva.com.
Follow Corteva on Facebook, Instagram, LinkedIn, Twitter and
YouTube.
™ ® Trademarks of Corteva Agriscience and its affiliated
companies.
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version on businesswire.com: https://www.businesswire.com/news/home/20230718286913/en/
Bioceres Crop Solutions Paula Savanti Head of Investor
Relations investorrelations@biocerescrops.com
Corteva Agriscience József Máté Head of Communications,
EMEA Tel: +41 22 775 36 70 Mob: +41 79 597 2709
jozsef.mate@corteva.com
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