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Bayer: licence deal with Japan's Mitsui Chemicals Agro

(CercleFinance.com) - Bayer has signed a license agreement with Mitsui Chemicals Agro for the development and marketing of quinofumelin, a new fungicide invented by the Japanese chemical company.

Under the terms of the agreement, Mitsui has granted Bayer a worldwide exclusive right to market quinofumelin-based products for crop use, except in certain countries such as Japan.

The first registration application is planned for 2020 in Japan, followed by other countries, Bayer said.

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