- Bayer ( OTCPK:BAYZF ) ( OTCPK:BAYRY ) is collaborating with Kimitec to develop and commercialize biological crop protection solutions and biostimulants.
- Under the agreement, the companies will become partners to advance and establish biological solutions derived from natural sources: crop protection products that address pests, diseases and weeds, and biostimulants to promote plant growth, Bayer noted.
- The German conglomerate said Kimitec operates the MAAVi Innovation Center which engages in the research and discovery of natural molecules and compounds for agriculture and food sectors, to provide farmers natural agricultural products.
- MAAVi will provide its expertise and technology, including AI as an enabler of faster time-to-results. This will help Bayer’s ability to market the next generation of biological solutions, the company added.
- "Our agreement with Bayer will help us get closer than ever to materializing our vision as it allows us to expand our global footprint and bringing our technology to millions of growers for the first time," said Kimitec CEO Félix García.
For further details see:
Bayer, Kimitec team up to develop biological crop protection solutions