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AG Professional reports that Isagro (BIT:ISG) and Arysta LifeScience have entered into a 15-year license, development, distribution and supply agreement, giving Arysta LifeScience exclusive global rights to develop mixtures of tetraconazole (a proprietary fungicide of Isagro) and fluoxastrobin (a proprietary fungicide of Arysta LifeScience) for all agricultural markets.
AG Professional reports that Isagro (BIT:ISG) and Arysta LifeScience have entered into a 15-year license, development, distribution and supply agreement, giving Arysta LifeScience exclusive global rights to develop mixtures of tetraconazole (a proprietary fungicide of Isagro) and fluoxastrobin (a proprietary fungicide of Arysta LifeScience) for all agricultural markets.
As quoted in the market news:
“This agreement confirms the validity of tetraconazole as a long-term, sustainable partner for the development of new, high performance fungicides,” said Giorgio Basile, Chairman and CEO, Isagro.
“With Arysta LifeScience’s new formulations we will extend the market platform of our key product, for which Isagro has a worldwide program of investments.”
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