Syngenta Seedcare and Bioceres Crop Solutions Collaborate to Bring Innovative Biological Seed Treatments to Market
BASEL, Switzerland & ROSARIO, Argentina–(BUSINESS WIRE)–Customers seeking advanced organic 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 supplier of biological inoculants, including rhizobia bacteria, which improve crop nutrition and support plant growth. This seed-applied solution helps crops, such as soybeans, capture nitrogen from the atmosphere and greatly reduces the need for nitrogen fertilizers, which supports regenerative agriculture. Biological seed treatment products such as inoculants, biocontrols and biostimulants are based on microorganisms, their metabolites, plant extracts and other natural materials. The global organic seed treatment market is expected to grow from $0.6 billion in 2020 to $1.6 billion by 2030.
The collaboration between Bioceres and Syngenta builds on a successful business partnership of more than 20 years in Argentina. Under the agreement*, Syngenta Seedcare will become the exclusive worldwide distributor to market Bioceres’ biological seed treatment solutions, except in Argentina where they will continue to collaborate under the existing framework. As part of 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 reinforces our strategy to provide growers with more complementary choices for managing pest resistance and improving crop health. We draw strength 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 significantly expands and accelerates our ability to reach more growers through Syngenta Seedcare’s global reach,” said Bioceres Managing Director Federico Trucco. “Organic products play an important role in providing growers with new solutions to increase crop yields while reducing the environmental footprint of agriculture. We believe that this collaboration with Syngenta will allow both of us to advance these goals more quickly at a time when the global need for new solutions is great.
Syngenta Seedcare and Bioceres will expand their cooperation in key markets such as Brazil and China, as well as other regions of the world. Implementation of the agreement will be subject to regulatory approvals.
*Bioceres will retain worldwide rights to use its biological 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 the main subsidiaries of Bioceres is also outside the scope of the current agreement.
Syngenta is one of the world’s leading agricultural companies, consisting of Syngenta Crop Protection and Syngenta Seeds. Our ambition is to help feed the world safely while taking care of the planet. Our goal is to improve the sustainability, quality and safety of agriculture through world-class science and innovative cultivation 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 the Syngenta Group. In over 100 countries, we work to transform the way crops are grown. Through partnerships, collaboration and the Good Growth Plan, we are committed to accelerating innovation for farmers and nature, to fighting for regenerative agriculture, to helping people stay safe and healthy and to team up to have an impact. To learn more, visit www.syngenta.com and www.goodgrowthplan.com.
About Bioceres Crop Solutions Corp.
Bioceres Crop Solutions Corp. (NASDAQ: BIOX) is a fully integrated provider of crop productivity technologies designed to enable agriculture’s transition to carbon neutrality. To do this, Bioceres solutions create economic incentives for farmers and other stakeholders to adopt more environmentally friendly production practices. The company has a unique biotechnology platform with high-impact patented technologies for seeds and microbial agricultural inputs, as well as next-generation nutrition and crop protection solutions. Through its HB4 program, the company provides digital solutions to support producer decisions and provide end-to-end traceability of production outputs. For more information, go here.
Data protection is important to us. You receive this publication on the legal basis of Art. 6 para. 1 lit. f GDPR (“legitimate interest”). However, if you do not wish to receive further information about Syngenta, simply send us a brief informal message and we will no longer process your data for this purpose. You can also find more details in our privacy statement.
Caution Regarding Forward-Looking Statements
This document may contain forward-looking statements, which may be identified by terms such as “expect”, “would”, “will”, “potential”, “plans”, “outlook”, “estimate”, “target “, “on track” and similar expressions. These statements are subject to risks and uncertainties that could cause actual results to differ materially from these statements. For Syngenta, these risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increased competition, customer credit risk, general economic and market conditions, compliance and corrective actions, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, variations weather, currency exchange rate and/or commodity price fluctuations, sole-source supply arrangements, political uncertainty, natural disasters, and data security breaches or other information technology disruptions. Syngenta undertakes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.
©2022 Syngenta. Rosentalstrasse 67, 4058 Basel, Switzerland.