Agbiome signs a commercial distribution and supply agreement with summit agro mexico (sam) for howler fungicide

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14 January 2023, Mexico : AgBiome, Inc., a leader in agricultural innovation and developer of novel biological and trait products from the Earth’s microbial communities, has announced the next step in its partnership with Summit Agro Mexico, granting them exclusive distribution rights of Howler® fungicide for Mexico. This follows the initial Development and Registration Agreement between the two companies signed in April 2019. Summit Agro Mexico has applied for registration of Howler® fungicide in Mexico and expects approval by Q4 2023.  

“AgBiome and Summit Agro Mexico have worked closely together to develop Howler for commercial use in Mexico.  This Distribution and Supply Agreement will allow Summit Agro Mexico to commercialize Howler® fungicide in a fast-growing and important agriculture market while expanding its presence internationally,” said Dr. Toni Bucci, Chief Operating Officer at AgBiome. “We look forward to farmers in Mexico benefitting from access to Howler® fungicide. By incorporating Howler® fungicide into their pest management practices, they gain an effective tool to address soilborne and foliar disease challenges in their high-value fruit and vegetable crops.”

AgBiome started the collaboration in April 2019 with the signing of a Development and Registration Agreement with the parent company, Sumitomo Corporation, that allows the subsidiary companies to develop, register, and commercialize Howler® fungicide. Under this agreement, Summit Agro Mexico S.A. de C.V., a subsidiary of Sumitomo Corporation, developed the completed registration for Howler® fungicide regional use in the Specialty Crop market in Mexico.

“We’re delighted to be working with AgBiome, which supports our mission to improve food production by promoting innovative sustainable products that benefit both the environment and society,” said Juan Carlos Garcia Torres, President & CEO at Summit Agro Mexico. “This collaboration to commercialize Howler® fungicide in Mexico furthers our commitment to provide growers with naturally effective high-quality solutions for crop protection.” 

Howler® fungicide, AgBiome’s flagship product, is a microbial-based, highly effective tool that uses multiple modes of action to provide preventative, long-lasting activity at every phase of production against a broad-spectrum of soilborne and foliar diseases.

Also Read: Garuda Aerospace signs MoU with Rallis India

(For Latest Agriculture News & Updates, follow Krishak Jagat on Google News)

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