Showing posts with label Pasteuria Bioscience. Show all posts
Showing posts with label Pasteuria Bioscience. Show all posts

Monday, September 19, 2011

Syngenta obtains Econem in Pasteuria Bioscience agreement

Syngenta Lawn & Garden announced today that it has entered into an agreement with Pasteuria Bioscience Inc., a U.S.-based biotechnology company. Under the terms of the agreement, Syngenta’s Turf & Landscape division will have exclusive licensing and distribution rights in global turf markets to Pasteuria Biosciences existing and future nematicide product lines based on the naturally occurring biological agent Pasteuria.

As a result of the agreement, Syngenta will obtain Econem for the Lawn & Garden Turf portfolio, Pasteuria Bioscience’s first commercialized product containing Pasteuria microbes. Launched in 2010, Econem has been proven to control sting nematodes, one of the most widespread and destructive types. A liquid version has recently gained EPA registration, and a combination offer, to control in addition lance nematodes, is in late stage development. Sting and lance nematodes are two examples of prevalent nematode pests in the U.S. market affecting golf courses and sports fields.