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Markets :: Fine Chemicals/Biotech :: Agricultural chemicals

BASF and Monsanto Formalize Dicamba Herbicide Development Deal

8:03 AM MST | January 20, 2009 | Alex Scott

BASF and Monsanto say that they have formalized an existing cooperation by signing a joint-licensing agreement to accelerate the development of formulations for dicamba, a herbicide. Both companies will participate in the agreement by developing formulations featuring dicamba to treat herbicide-resistant crops. Financial details about the agreement were not disclosed.   The companies are particularly interested in developing dicamba pesticide formulations for crops that are resistant to Roundup agricultural herbicides. Such herbicides would...

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