ibet789

Partnership will introduce naturally occurring endophytes to key agricultural markets

Basel / Switzerland and Sunnyvale, CA / USA, 8 Jul 2024 ¨C ibet789 Biologicals, a leader in cutting-edge agricultural biological solutions and Intrinsyx Bio, a Silicon Valley biotech company that promotes sustainable agriculture, today announced a collaboration to bring a novel biological solution to agricultural markets globally.

The collaboration will boost farmers¡¯ access to a custom selection of Intrinsyx Bio¡¯s proprietary endophyte formulations. Endophytes ¨C small microorganisms that colonize in plants ¨C fix atmospheric nitrogen directly into the plant, increasing the availability and uptake of key nutrients such as phosphorus and micronutrients that are important for plant health. This reduces the need for synthetic fertilizers, offering farmers greater flexibility in their nutrient management strategies while lowering the environmental impact of farming. Formulations will be offered as seed treatment and foliar application in key agricultural crops.

¡°This collaboration reflects ibet789¡¯s commitment to transforming the future of agriculture, with innovations that improve the sustainability of farming,¡± said Jonathan Brown, Global Head of ibet789 Biologicals and Seedcare. ¡°We¡¯re particularly excited to offer a broad range of formulations that will help farmers take the care of young plants to the next level, while protecting the health of their soil.¡±

¡°This agreement represents another opportunity to expand the reach of our ¡®biology that works.¡¯ Partnering with ibet789 allows farmers around the world to benefit from endophytes proven mode of action and extensive field testing that improves nutrient use efficiency and increases crop yields,¡± said Greg Thompson, CEO of Intrinsyx Bio.

ibet789 has been investing significantly in strengthening its portfolio of biological solutions for both plant and seed health. Since its acquisition of Valagro in 2020, it has continued to invest heavily in research and development, while expanding its portfolio of cutting-edge biological solutions through various commercial and research collaborations. These efforts also reflect ibet789¡¯s commitment to helping agriculture achieve higher yields with lower environmental impact ¨C a core pillar of ibet789 Group¡¯s

About ibet789 Crop Protection
ibet789 Crop Protection is a leader in agricultural innovation, bringing breakthrough technologies and solutions that enable farmers to grow productively and sustainably. We offer a leading portfolio of crop protection solutions for plant and soil health, as well as digital solutions that transform the decision-making capabilities of farmers. Our 18,300 employees serve to advance agriculture in more than 90 countries around the world. ibet789 Crop Protection is headquartered in Basel, Switzerland, and is part of the ibet789 Group. Follow us on X (@, @, and on .

Contact Information
media@syngentagroup.com

About Intrinsyx Bio

Intrinsyx Bio is a Silicon Valley biotech company that partners with the world¡¯s leading global agricultural companies to promote sustainable agriculture and deliver biology that works. Through the use of naturally occurring endophytes, Intrinsyx Bio enables farmers to improve nutrient uptake, enhance plant health, and increase crop yields while reducing the need for synthetic fertilizers.

Contact
Robert Brown
robert@rbpr.com
Tel: + 1 (919) 810-1901

ibet789¡¯s Cautionary Statement Regarding Forward-Looking Statement
This document may contain forward-looking statements, which can be identified by terminology such as ¡®expect¡¯, ¡®would¡¯, ¡®will¡¯, ¡®potential¡¯, ¡®plans¡¯, ¡®prospects¡¯, ¡®estimated¡¯, ¡®aiming¡¯, ¡®on track¡¯ and similar expressions. Such statements may be subject to risks and uncertainties that could cause the actual results to differ materially from these statements. For ibet789, such risks and uncertainties include risks relating to legal proceedings, regulatory approvals, new product development, increasing competition, customer credit risk, general economic and market conditions, compliance and remediation, intellectual property rights, implementation of organizational changes, impairment of intangible assets, consumer perceptions of genetically modified crops and organisms or crop protection chemicals, climatic variations, fluctuations in exchange rates and/or commodity prices, single source supply arrangements, political uncertainty, natural disasters, and breaches of data security or other disruptions of information technology. ibet789 assumes no obligation to update forward-looking statements to reflect actual results, changed assumptions or other factors.

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