Market News
Recent Developments
- In May 2023, Bayer introduced a dedicated business unit aimed at creating innovative Precision Health products spanning various everyday health categories
- In May 2023, Corteva Agriscience unveiled the brand name for its latest herbicide from the robust innovation pipeline: Bexoveld active. This new active ingredient provides cereal farmers with an additional tool for managing broadleaf weeds.
Key Strategic Initiatives
- In August 2022, Corteva Agriscience and BASF SE jointly declared a long-term collaboration aimed at creating novel weed control solutions for global soybean farmers. Under this agreement, the two companies will cross-license soybean traits and concurrently develop complementary herbicide technologies. This strategic partnership will empower both entities to provide innovative solutions for the management of weeds in soybean cultivation.
- In May 2022, FMC is acquired DuPont's worldwide portfolio of insecticides targeting chewing pests, as well as its global herbicides for cereal broadleaf crops. Additionally, FMC will obtain a significant portion of DuPont's global research and development capabilities in the field of crop protection.