Syngenta Obtains Regulatory Approvals for Axia(TM) in North America
BASEL, Switzerland, Jan. 24 -- Syngenta announced today that its new cereal herbicide, Axial, has received registrations in Canada and the US. It will be launched in these two of the world's five leading cereal markets for the 2006 season, as well as in the UK where the product obtained registration last September. Axial is expected to achieve peak global sales of at least $150 million annually.
"Axial, provides outstanding control of a broad spectrum of grass weeds in wheat and barley and offers unprecedented crop safety," says John Atkin, Chief Operating Officer of Syngenta Crop Protection.
Syngenta is a world-leading agribusiness committed to sustainable agriculture through innovative research and technology. The company is a leader in crop protection, and ranks third in the high-value commercial seeds market. Sales in 2004 were approximately $7.3 billion. Syngenta employs some 20,000 people in over 90 countries. Syngenta is listed on the Swiss stock exchange (SYNN) and in New York (NYSE:SYT). Further information is available at www.syngenta.com/ .
