Wilmington, Delaware
June 10, 1999Zeneca Ag Products announced today that it
received U.S. regulatory approval to sell Touchdown(R) 5 herbicide for use over
glyphosate-tolerant soybeans, currently sold as Roundup Ready(R) soybeans.
The registration, granted by the U.S. Environmental Protection Agency on June 8, comes in
time
for significant use of Touchdown 5 over glyphosate-tolerant soybeans in 1999.
"With an estimated 30 million acres of glyphosate-tolerant soybeans varieties in the
U.S. alone,
this approval opens a huge, new market for Touchdown,'' said Bob Woods, president of
Zeneca
Ag Products. Touchdown has been registered for other uses since 1991.
Zeneca reached a long-term agreement in March, 1999, with Monsanto Company, giving Zeneca
a license to test, register and sell Touchdown 5 for use over Roundup Ready soybeans, corn
and
cotton in the U.S.
Based in the United Kingdom, AstraZeneca PLC is a major $15.8 billion international
bioscience business engaged in the research, development, manufacture and marketing of
ethical (prescription) pharmaceuticals and agricultural products, and the supply of
healthcare services.
Zeneca Ag Products is a business unit of Zeneca Inc. in the United States, and Zeneca
Agrochemical is a business unit of Zeneca Corp. in Canada. Both companies are wholly owned
subsidiaries of AstraZeneca PLC. Zeneca Ag Products and Zeneca Agrochemical together form
a
$1 billion North American agrochemical business with approximately 1,700 employees.
Touchdown(R) 5 is a registered trademark of a Zeneca group Company.
Roundup Ready(R) is a registered trademark of Monsanto Company.
Company news release
N1866 |