FMC Corp. made an agreement with Ishihara Sangyo Kaisha Ltd. to market the insecticide flonicamid to the nursery and greenhouse markets. ISK also granted FMC non-exclusive development and distribution rights to a fungicide for use in the specialty markets.
FMC Specialty Products Business makes high-performance insecticides, miticides and herbicides for use by pest management, tree, lawn care and golf course professionals.
The agreement between FMC and ISK grants FMC exclusive rights to develop, market and distribute flonicamid in all the Americas except Argentina, Bolivia, Paraguay and Uruguay.
Flonicamid is a new class of chemistry with a new mode of action that is effective against economically important and disease-transmitting pests such as aphids and whiteflies. It will be marketed in the United States under the name Aria insecticide. The product has a high degree of target pest selectivity and is safe for plants and will be an important new tool in integrated pest management programs. In the United States, registration has been obtained for the greenhouse market and is pending for nursery applications. Commercialization for flonicamid is expected to begin in the first half of 2005.
ISK has also granted FMC non-exclusive development and distribution rights to an ISK fungicide for use in some specialty markets in the United States.
