Starpharma, Makhteshim Agan collaborate agrochemicals

Starpharma, Makhteshim Agan collaborate for agrochemicals

10:00 AM, 13th March 2013
Starpharma, Makhteshim Agan collaborate for agrochemicals

MELBOURNE, AUSTRALIA/TEL-AVIV, ISRAEL: Starpharma Holdings Ltd and Makhteshim Agan Group announced a collaboration programme. This will see Starpharma’s Priostar dendrimer technology applied to novel crop protection formulations across Makhteshim Agan’s extensive product portfolio. The collaboration programme leverages Makhteshim Agan’s broad product portfolio and extensive formulation capabilities alongside Starpharma’s Priostar dendrimer technology.

The programme includes the development of new formulations of a number of active ingredients, including three actives with total market sales for 2011, each exceeding $400 million globally. Other terms of the agreement were not disclosed due to commercial confidentiality restrictions.

“Through this collaboration Starpharma has the opportunity to further extend the reach of its dendrimer technology in agrochemicals. This partnership which involves multiple products in major global markets represents an exciting and valuable commercial opportunity for our Priostar dendrimers. We look forward to working closely with Makhteshim Agan to produce exciting new crop protection products,” said Dr Jackie Fairley, CEO, Starpharma.

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