Bayer CropScience and Makhteshim Agan sign multi-year non-exclusive supply agreement for Imidacloprid

22-Apr-2005

Bayer CropScience and Makhteshim Agan Industries have entered into a multi-year, non-exclusive supply agreement for the insecticide imidacloprid for agricultural and non-agricultural markets (excluding Animal Health uses). The contract has been signed as of April 18, 2005. The terms of the agreement are confidential. The active ingredient Imidacloprid was discovered by Bayer CropScience and is today one of the most successful in the world. Through this supply agreement, Bayer CropScience and Makhteshim Agan Industries aim at further expanding the market for Imidacloprid-based applications by drawing on the strength of their respective distribution channels.

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