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Mitsui Chemicals and BASF sign development and license agreement for new insecticide

1:30 AM MDT | June 11, 2014 | Deepti Ramesh

Mitsui Chemicals Agro (Tokyo), the agrochemical subsidiary of Mitsui Chemicals, and BASF have signed an exclusive global development and license agreement for a new insecticide — Mitsui Chemicals Agro’s MCI-8007. Mitsui Chemicals Agro, under the terms of the agreement, has granted BASF a worldwide, exclusive license to commercialize the new insecticide, except in Japan and some other countries where Mitsui Chemicals Agro will hold the exclusive and/or co-exclusive rights, Mitsui says. Intended applications for the new insecticide include leafy...

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