Mitsui Chemicals Agro Inc (MCAG) and BASF SE have signed 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 2014.
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.
First market introductions of Broflanilide products are expected in 2020.
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 speciality 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.
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