FMC Signs Exclusive Agreement For Access To New Patented Fungicide

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FMC Corporation and Consumo em Verde (CEV), Biotecnologia das Plantas, S.A. of Portugal, have entered into an exclusive distribution and development agreement for the fungicidal active ingredient blad, which features a new mode of action. FMC Agricultural Products Group will develop and market the fungicide in the U.S. and Canada under the name Problad Plus for all crop and non-crop uses.

Problad Plus, developed over the past 10 years by the Instituto Superior de Agronomia at Lisbon University in Portugal, is effective on a broad spectrum of plant diseases affecting tomatoes, strawberries, grapes, and nuts. The plant diseases on which this product has proven efficient include botrytis, powdery mildew, anthracnose, and more.

Registration for this new product has been submitted to EPA. Anticipated approval is early 2013.

FMC began additional testing of Problad Plus on key crops in California and Florida in 2011 and plans an extensive field trial program throughout North America for 2012. Plans to expand the currently pending registration to additional crops will be executed in the near future.

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“Problad Plus is a new and unique technology that has demonstrated performance in field trials better than or equal to currently used industry standard traditional fungicides,” said Niel DeStefano, North American director of business and product development at FMC Agricultural Products. “CEV was looking for a partner to develop and commercialize their exciting new technology and FMC was able to demonstrate this as one of our key core competencies.”

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