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Syngenta Seedcare and Bioceres Crop Solutions collaborate to bring innovative biological seed treatments to market
Syngenta Seedcare y Bioceres Crop Solutions colaboran para llevar al mercado innovadores tratamientos biológicos de semillas


Basel, Switzerland / Rosario, Argentina
September 16, 2022

  • Syngenta Seedcare to become the exclusive commercialization distributor of Bioceres’s biological seed treatment solutions globally
  • Long-term R&D collaboration to accelerate global registration of existing products and joint development of new biological solutions
  • Agreement brings together the world’s leading seed treatment business with a leader in biological crop productivity solutions

Customers seeking cutting-edge biological seed treatment solutions will benefit from a global commercial and R&D collaboration announced today between Syngenta Crop Protection’s Seedcare business and Bioceres Crop Solutions (NASDAQ: BIOX), a leader in biological crop productivity solutions.

Bioceres is a key provider of biological inoculants, including rhizobia bacteria, which improve crop nutrition and support plant growth. This seed-applied solution helps crops, such as soybean, capture nitrogen from the atmosphere and significantly reduces the need for nitrogen fertilizers – supporting regenerative agriculture. Biological seed treatment products such as inoculants, biocontrols and biostimulants are based on microorganisms, their metabolites, plant extracts and other naturally occurring materials. The global biologicals seeds treatment market is projected to grow from $0.6bn in 2020 to $1.6bn by 2030.

The collaboration between Bioceres and Syngenta builds on a successful commercial partnership of more than 20 years in Argentina. Under the agreement*, Syngenta Seedcare will become the exclusive global commercialization distributor for Bioceres’ biological seed treatment solutions, except in Argentina where they will continue to collaborate under the existing framework. Under the long-term R&D collaboration, the companies will jointly undertake the development of new products while accelerating the registration of products already in the pipeline.

Jonathan Brown, Global Head of Syngenta Seedcare said, “The agreement with Bioceres furthers our strategy to provide growers with more complementary choices to manage pest resistance and improve crop health. We draw strengths from our longstanding relationship with Bioceres and are fully committed to providing growers with more sustainable innovations to further improve seed health.”

“This announcement shows the value of our commercial offerings and R&D capabilities, and greatly expands and accelerates our ability to reach more growers through the global reach of Syngenta Seedcare,” said Chief Executive Officer of Bioceres Federico Trucco. “Biological products play an important role in offering growers new solutions to increase crop yields while reducing agriculture’s environmental footprint.  We believe this collaboration with Syngenta will allow us both to advance those goals more rapidly in a time of significant global need for new solutions.”

 

 

Syngenta Seedcare and Bioceres will expand their cooperation in key markets such as Brazil and China, as well as in other regions around the world. Implementation of the agreement will be subject to regulatory clearances.

*Bioceres will retain global rights to use its biologicals solutions on HB4® crops, which have been modified to better withstand drought events. The portfolio of Marrone Bio Innovations, recently acquired by Bioceres and commercialized by ProFarm Group, one of Bioceres’ main subsidiaries is also outside the scope of the current agreement.

About Syngenta
Syngenta is one of the world’s leading agriculture companies, comprised of Syngenta Crop Protection and Syngenta Seeds. Our ambition is to help safely feed the world while taking care of the planet.  We aim to improve the sustainability, quality and safety of agriculture with world class science and innovative crop solutions. Our technologies enable millions of farmers around the world to make better use of limited agricultural resources. Syngenta Crop Protection and Syngenta Seeds are part of Syngenta Group. In more than 100 countries we are working to transform how crops are grown. Through partnerships, collaboration and The Good Growth Plan we are committed to accelerating innovation for farmers and nature, striving for regenerative agriculture, helping people stay safe and healthy and partnering for impact. To learn more visit www.syngenta.com and www.goodgrowthplan.com.

Follow us on Twitter at www.twitter.com/Syngenta, www.twitter.com/SyngentaUS and on LinkedIn at www.linkedin.com/company/syngenta

About Bioceres Crop Solutions Corp.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) is a fully integrated provider of crop productivity technologies designed to enable the transition of agriculture towards carbon neutrality. 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.



Syngenta Seedcare y Bioceres Crop Solutions colaboran para llevar al mercado innovadores tratamientos biológicos de semillas

Los clientes que busquen soluciones de vanguardia para el tratamiento biológico de semillas se beneficiarán de una colaboración comercial y de I+D global anunciada hoy entre el negocio de Seedcare de Syngenta Crop Protection y Bioceres Crop Solutions (NASDAQ: BIOX), líder en soluciones biológicas para la productividad de los cultivos.

Bioceres es un proveedor clave de inoculantes biológicos, incluyendo bacterias rhizobia, que mejoran la nutrición de los cultivos y apoyan el crecimiento de las plantas. Esta solución aplicada a las semillas ayuda a los cultivos como la soja, a capturar el nitrógeno de la atmósfera y reduce significativamente la necesidad de fertilizantes nitrogenados, promoviendo la agricultura regenerativa. Los productos biológicos para el tratamiento de semillas, como los inoculantes, los biocontroladores y los bioestimulantes, se basan en microorganismos, sus metabolitos, extractos de plantas y otros materiales naturales. Se prevé que el mercado mundial de tratamiento biológico de semillas crezca de 600 millones de dólares en 2020 a 1.600 millones en 2030.

La colaboración entre Bioceres y Syngenta se basa en una exitosa relación comercial de más de 20 años en Argentina. En virtud del acuerdo*, Syngenta Seedcare se convertirá en el distribuidor exclusivo de comercialización mundial de las soluciones de tratamiento biológico de semillas de Bioceres, excepto en Argentina, donde seguirán colaborando bajo el marco actual. En el marco de la colaboración a largo plazo en materia de I+D, las empresas emprenderán conjuntamente el desarrollo de nuevos productos, al tiempo que acelerarán el registro de los productos que ya están en fase de desarrollo.

Jonathan Brown, Director Global de Syngenta Seedcare dijo: "El acuerdo con Bioceres promueve nuestra estrategia de ofrecer a los productores más opciones complementarias para manejar la resistencia a las plagas y mejorar la salud de los cultivos. Fortalecidos por nuestra larga relación con Bioceres, estamos plenamente comprometidos a proveer a los productores más innovaciones sustentables para mejorar aún más la salud de las semillas."

"Este anuncio muestra el valor de nuestra oferta comercial y de nuestras capacidades de I+D, y amplía y acelera enormemente nuestra capacidad de llegar a más productores a través del alcance global de Syngenta Seedcare", dijo el Director General de Bioceres, Federico Trucco. "Los productos biológicos desempeñan un papel importante a la hora de ofrecer a los productores nuevas soluciones para aumentar el rendimiento de los cultivos y reducir al mismo tiempo la huella medioambiental de la agricultura. Creemos que esta colaboración con Syngenta nos permitirá a ambos avanzar más rápidamente en esos objetivos en un momento de importante necesidad mundial de nuevas soluciones."

Syngenta Seedcare y Bioceres ampliarán su cooperación en mercados clave como Brasil y China, así como en otras regiones del mundo. La implementación del acuerdo estará sujeta a las autorizaciones regulatorias.

*Bioceres retendrá los derechos globales para el uso de sus soluciones biológicas en los cultivos HB4®, que han sido modificados para soportar mejor los eventos de sequía. El portafolio de Marrone Bio Innovations, recientemente adquirido por Bioceres y comercializado por ProFarm Group, una de las principales subsidiarias de Bioceres, también está fuera del alcance del acuerdo actual.



More news from:
    . Bioceres Crop Solutions Corp.
    . Syngenta Crop Protection AG
    . Syngenta Group Co. Ltd.


Website: https://investors.biocerescrops.com/home/default.aspx

Published: September 16, 2022

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