Corteva Agriscience and Symborg signed important agreement
Corteva Agriscience and Symborg announced multi-year agreement around a microbe-based nitrogen fixation product in the United States, Canada, Brazil and Argentina.
Through the agreement, Symborg is providing an exclusive distribution license to Corteva for the endophytic bacterium Methylobacterium symbioticum, which works with the plant to secure needed nitrogen from the atmosphere. Corteva is leveraging its wide distribution network, market reach and extensive research and development capabilities.
The Corteva product, to be branded as Utrisha N nutrient efficiency optimizer, works in natural field conditions, adapting to the plants’ growth needs and helping to sustainably maximize crop yield potential. It will be available for a broad range of crops, including field and row crops, sugar cane, and turf and ornamental, as well as range and pasture. The agreement also enables Corteva and Symborg to co-distribute the product in specialties crops on an exclusive basis.
“Corteva Agriscience continues to bring new and innovative solutions to market by offering natural-origin products that work complementarily with our conventional crop protection solutions, such as Optinyte nitrogen stabilizer,” said Susanne Wasson, President, Crop Protection Business Platform, Corteva Agriscience. “We’re excited to work with Symborg to scale up and maximize sustainable options that help farmers meet changing environmental conditions while keeping their crops productive and healthy.”
This collaboration represents another step forward for Corteva’s expanding global Biologicals portfolio, which is dedicated to developing biostimulants, biocontrol and pheromone products with proven, predictable performance. Utrisha N, a BlueN technology powered by Symborg, will provide value through integrated nutrition management efficiency and enhancing yield potential and sustainability, in line with the Corteva Agriscience 2030 Sustainability Goals.
“Our goal at Symborg is to transform agriculture while helping farmers combine profitability and sustainability. With our innovative biotechnological solutions, we want to bridge the gap between the current agricultural model that is starting to urgently demand changes and the model that is yet to come,” explains Jesús Juárez, founding partner and CEO of Symborg. “It is exciting to establish a collaboration agreement with Corteva, a company with which we share values such as innovation, sustainability and proximity to the farmer.”