Syngenta and Intrinsyx Bio to Offer New Biological Solution to Boost Crops’ Nutrient Use Efficiency
08 July 2024 - 7:00PM
Business Wire
- Partnership will introduce naturally occurring endophytes to
key agricultural markets
Syngenta Biologicals, a leader in cutting-edge agricultural
biological solutions and Intrinsyx Bio, a Silicon Valley biotech
company that promotes sustainable agriculture, today announced a
collaboration to bring a novel biological solution to agricultural
markets globally.
The collaboration will boost farmers’ access to a custom
selection of Intrinsyx Bio’s proprietary endophyte formulations.
Endophytes – small microorganisms that colonize in plants – fix
atmospheric nitrogen directly into the plant, increasing the
availability and uptake of key nutrients such as phosphorus and
micronutrients that are important for plant health. This reduces
the need for synthetic fertilizers, offering farmers greater
flexibility in their nutrient management strategies while lowering
the environmental impact of farming. Formulations will be offered
as seed treatment and foliar application in key agricultural
crops.
“This collaboration reflects Syngenta’s commitment to
transforming the future of agriculture, with innovations that
improve the sustainability of farming,” said Jonathan Brown, Global
Head of Syngenta Biologicals and Seedcare. “We’re particularly
excited to offer a broad range of formulations that will help
farmers take the care of young plants to the next level, while
protecting the health of their soil.”
“This agreement represents another opportunity to expand the
reach of our ‘biology that works.’ Partnering with Syngenta allows
farmers around the world to benefit from endophytes proven mode of
action and extensive field testing that improves nutrient use
efficiency and increases crop yields,” said Greg Thompson, CEO of
Intrinsyx Bio.
Syngenta has been investing significantly in strengthening its
portfolio of biological solutions for both plant and seed health.
Since its acquisition of Valagro in 2020, it has continued to
invest heavily in research and development, while expanding its
portfolio of cutting-edge biological solutions through various
commercial and research collaborations. These efforts also reflect
Syngenta’s commitment to helping agriculture achieve higher yields
with lower environmental impact – a core pillar of Syngenta Group’s
Sustainability Priorities.
About Syngenta Crop Protection
Syngenta Crop Protection is a leader in agricultural innovation,
bringing breakthrough technologies and solutions that enable
farmers to grow productively and sustainably. We offer a leading
portfolio of crop protection solutions for plant and soil health,
as well as digital solutions that transform the decision-making
capabilities of farmers. Our 18,300 employees serve to advance
agriculture in more than 90 countries around the world. Syngenta
Crop Protection is headquartered in Basel, Switzerland, and is part
of the Syngenta Group. Follow us on X (@Syngenta, @SyngentaUS), and on LinkedIn.
About Intrinsyx Bio
Intrinsyx Bio is a Silicon Valley biotech company that partners
with the world’s leading global agricultural companies to promote
sustainable agriculture and deliver biology that works. Through the
use of naturally occurring endophytes, Intrinsyx Bio enables
farmers to improve nutrient uptake, enhance plant health, and
increase crop yields while reducing the need for synthetic
fertilizers. www.intrinsyxbio.com
Syngenta’s Cautionary Statement Regarding Forward-Looking
Statements
This document may contain forward-looking statements, which can
be identified by terminology such as ‘expect’, ‘would’, ‘will’,
‘potential’, ‘plans’, ‘prospects’, ‘estimated’, ‘aiming’, ‘on
track’ and similar expressions. Such statements may be subject to
risks and uncertainties that could cause the actual results to
differ materially from these statements. For Syngenta, such risks
and uncertainties include risks relating to legal proceedings,
regulatory approvals, new product development, increasing
competition, customer credit risk, general economic and market
conditions, compliance and remediation, intellectual property
rights, implementation of organizational changes, impairment of
intangible assets, consumer perceptions of genetically modified
crops and organisms or crop protection chemicals, climatic
variations, fluctuations in exchange rates and/or commodity prices,
single source supply arrangements, political uncertainty, natural
disasters, and breaches of data security or other disruptions of
information technology. Syngenta assumes no obligation to update
forward-looking statements to reflect actual results, changed
assumptions or other factors.
©2024 Syngenta. Rosentalstrasse 67, 4058 Basel, Switzerland.
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Syngenta Crop Protection media@syngentagroup.com
Intrinsyx Bio Robert Brown robert@rbpr.com Tel: + 1 (919)
810-1901