Mitsui Chemicals Agro, Inc. (MCAG) and BASF Sign Commercialization Agreement for New Insecticide with IRAC Novel Mode of Action
2017年12月7日 - 01:30PM
ビジネスワイヤ(英語)
Mitsui Chemicals Agro, Inc. (MCAG) and BASF SE announced today
the signing of a long-term agreement for the commercialization of
Broflanilide, a new insecticide for chewing crop pests and non-crop
pests control. This commercialization agreement follows the
exclusive global license and development agreement between the two
companies that was announced on June 11, 2014.
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Under the terms of this agreement, MCAG granted BASF exclusive
rights to market and sell Broflanilide products in certain markets
worldwide, excluding Japan and certain Asian and other countries
where MCAG holds exclusive and/or co-exclusive rights.
Broflanilide is a compound with a novel mode of action,
demonstrating excellent efficacy in the control of many problematic
chewing insect pests, including caterpillars and beetles in
specialty and row crops, and non-crop pests such as termites, ants,
cockroaches and flies. It has potential use applications in cereals
as a seed treatment for control of wireworms, as well as for foliar
use in leafy and fruiting vegetables, potato, soybean, cotton, corn
and legumes. The active ingredient was discovered by MCAG and the
co-development of the insecticide with BASF began in 2014.
The Insecticide Resistance Action Committee (IRAC) recently
approved the classification of Broflanilide as a compound with a
new mode of action in Group 30: GABA-gated Cl- channel allosteric
modulators. As of today, Broflanilide is the only active ingredient
in IRAC Group 30. Given its different chemistry, Broflanilide is a
highly effective broad-use compound and a valuable new tool in
Insecticide Resistance Management (IRM).
“We’re excited to continue leveraging the expertise and
capabilities of each company to offer promising innovative
solutions to growers and pest management professionals seeking
alternatives to existing pest-targeting chemistries,” said Jürgen
Huff, Senior Vice President Global Strategic Marketing, BASF Crop
Protection.
“We are also confident that Broflanilide products, with their
excellent performance and novel mode of action, can contribute to
those in both agriculture and professional pest management seeking
effective solutions,” said Shoichi Kondo, Head of MCAG's
International Business Division. “This collaboration will
contribute to our future growth.”
First market introductions of Broflanilide products are expected
in 2020. The financial terms of this agreement were not
disclosed.
About Mitsui Chemicals Group
Mitsui Chemicals (TOKYO: 4183) (ISIN: JP3888300005), which
traces its roots back to 1912, has an annual sale of 1,200 billion
yen in the fiscal year ending March 2017 and more than 130
companies with over 13,000 employees in 28 countries. As one of
Japan’s leading chemical companies, Mitsui Chemicals contributes
broadly to society by providing high-quality products and services
to customers through innovations and creation of materials and
products while keeping in harmony with the global environment. Its
business portfolio includes materials for next-generation mobility,
healthcare services, packaging, agrochemicals, electronic
materials, and environment and energy sector. Mitsui Chemicals will
continue to contribute to solving social challenges with its
state-of-the-art technology and by "Creating New Customer Value
through Innovation". Mitsui Chemicals’ global agrochemical business
is operated by its 100% subsidiary, Mitsui Chemicals Agro, Inc.,
who supplies innovative agrochemicals for crop protection and pest
management. With a customer-centric point of view, The Company
offers unique and effective products and services, and contributes
to the sustainable, productive agriculture. Latest group news can
be found at https://www.mitsuichem.com/en/.
About BASF’s Crop Protection division
With a rapidly growing population, the world is increasingly
dependent on our ability to develop and maintain sustainable
agriculture and healthy environments. BASF’s Crop Protection
division works with farmers, agricultural professionals, pest
management experts and others to help make this possible. With
their cooperation, BASF is able to sustain an active R&D
pipeline, an innovative portfolio of products and services, and
teams of experts in the lab and in the field to support customers
in making their businesses succeed. In 2016, BASF’s Crop Protection
division generated sales of €5.6 billion. For more information,
please visit us at www.agriculture.basf.com or on any of our social
media channels.
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BASF Media Contact:BASF SESharon Hall, +49 621
60-28013Sharon.Hall@basf.comorMitsui Media Contact:Mitsui
Chemicals Agro, Inc.Hiroshi Yokoyama, +81 3 5290
2719Hiroshi.Yokoyama@mitsuichemicals.com