FMC and Corteva Partner to Expand Access to Rimisoxafen Technology
FMC Corporation and Corteva, Inc. have formed a co-exclusive strategic supply and license agreement to broaden the availability of FMC's rimisoxafen herbicide technology across North and South America. This partnership aims to provide improved solutions for managing herbicide-resistant weeds in corn and soybean markets. Corteva will make an initial prepayment of $200 million, and both companies will independently develop and commercialize exclusive formulations of the dual-mode-of-action herbicide.
https://sg.finance.yahoo.com/news/fmc-corteva-partner-expand-access-160700573.html