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BASF Reaches Major Milestone in the Global Development of its New Fungicide Revysol® - BASF has submitted the regulatory dossier for a new active ingredient, Revysol®, to the European Union (EU) - BASF.com
BASF Reaches Major Milestone in the Global Development of its New Fungicide Revysol®

 

PRZOOM - /newswire/ - Limburgerhof, Germany, 2016/03/17 - BASF has submitted the regulatory dossier for a new active ingredient, Revysol®, to the European Union (EU) - BASF.com. DE000BASF111

   
 
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• Regulatory dossier submitted for approval in the EU;
• Innovative active ingredient with outstanding field performance against many fungal pathogens;
• Expected first sales for the end of this decade.

The proprietary compound is expected to be the company’s new blockbuster fungicide from the chemical class of triazoles (SBI). Extensive research has shown its outstanding biological performance against a range of difficult to control pathogens. Revysol’s submission for registration in the EU marks a key milestone towards the compound’s global registration in row and specialty crops.

“Undoubtedly, Revysol will be another striking compound that delivers significant benefits to farmers around the globe,” said Markus Heldt, President of BASF’s Crop Protection division. As farmers continue to need product diversity for mixing or alternating mode of actions, Revysol is set to play a vital role in future resistance management recommendations. “Our ability to develop such an excellent molecule definitely flags our leadership position in fungicides,” said Heldt.

Fungicides from the triazole chemical class have proven their value against diseases that can severely damage crops and compromise the quality of farmers’ harvests, such as Septoria tritici and rust in cereals. Nonetheless, no new molecule with this mode of action has been introduced to the market for more than ten years, thus increasing the risk of resistance and leaving farmers with few alternatives for disease control.

“We have applied our deep fungicide expertise and invested best-in-class research to create Revysol,” said Harald Rang, Senior Vice President of Research and Development, BASF Crop Protection. Already at the discovery phase, the new fungicide was designed to meet both the highest level of regulatory standards and outstanding biological performance. “Farmers will have a new tool to ensure their crops will stay disease-free and healthy for a longer period of time, optimizing crop yields and quality of the harvest,” concluded Rang.

Revysol will be available in customized formulations to provide farmers worldwide with high performing fungicide solutions. Pending regulatory approval, first market introductions are expected for 2019.

About BASF’s Crop Protection division
With sales of more than €5.8 billion in 2015, BASF’s Crop Protection division (agro.basf.com) provides innovative solutions for agriculture, turf and ornamental plants, pest control and public health. Our broad portfolio of active ingredients, seed treatments, biological controls, formulations and services optimizes efficient production of high quality food and protects against post-harvest loss, damage to buildings and the transmission of disease. By delivering new technologies and know-how, BASF Crop Protection supports the effort of growers and pest management professionals to make a better life for themselves and society.

About BASF
At BASF (basf.com) , we create chemistry for a sustainable future. We combine economic success with environmental protection and social responsibility. The approximately 112,000 employees in the BASF Group work on contributing to the success of our customers in nearly all sectors and almost every country in the world. Our portfolio is organized into five segments: Chemicals, Performance Products, Functional Materials & Solutions, Agricultural Solutions and Oil & Gas. BASF generated sales of more than €70 billion in 2015. BASF shares are traded on the stock exchanges in Frankfurt (BAS), London (BFA) and Zurich (AN).

 
 
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BASF Reaches Major Milestone in the Global Development of its New Fungicide Revysol®

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BASF | Fungicide Revysol®
Contact: Jasmin Tortop - BASF.com 
+49 621 60-28412 jasmin.tortop[.]basf.com
 
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IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any BASF securities in any jurisdiction including any other companies listed or named in this release.

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