Gowan has entered into agreements with Syngenta Crop Protection AG to acquire global rights to the active ingredient cyromazine. The acquisition includes product registrations and trademarks, including TRIGARD® and LEPICRON®, and related intellectual property and labels. The acquisition excludes the trademark CITATION® for use on ornamentals.
The transaction closed on December 28, 2023, although Syngenta and Gowan will work together over the next several months to facilitate an orderly transition to maintain quality customer service in all geographies. US crop protection and seed treatment product transfer will commence in a few years. The financial terms of the transaction were not disclosed.
Cyromazine is an IRAC Group 17 insecticide that acts as a molting disruptor in Dipteran. Species such as leaf miners are a significant pest in the main vegetables worldwide. Cyromazine has been a current tool for thousands of farmers with a unique mechanism of action and a soft profile for non-target organisms.
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