Novozymes, Syngenta JV biofungicide, Taegro

Novozymes, Syngenta JV for biofungicide, Taegro

7:30 AM, 26th October 2012
Novozymes, Syngenta JV for biofungicide, Taegro

BAGSVAERD, DENMARK/BASEL, SWITZERLAND: Novozymes and Syngenta announced an exclusive global marketing and distribution agreement on the microbial-based biofungicide Taegro, a natural solution with multiple modes of action used to combat fungal diseases across various crops. The two companies will join forces to bring Novozymes’ Taegro to farmers worldwide through Syngenta’s global organization.

Novozymes and Syngenta will share the task of bringing Taegro to market. Syngenta will be responsible for sales, marketing and distribution, while Novozymes will be responsible for production and registration. Trials are planned to secure data to continue to build on the current US registration in other regions, following which the two companies aim for a global rollout.

“This collaboration matches Syngenta’s global market strength and leading position within fungicides and integrated solutions with Novozymes’ deep know-how on sustainable, biobased technologies. Using technology developed by Novozymes, Syngenta will provide farmers all over the world with a biological product to help sustainably combat fungal diseases in a powerful manner,” said Thomas Videbaek, Executive Vice President, Novozymes.

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