This first new mode of action herbicide in over 30 years
will be an important tool for managing resistance
PHILADELPHIA, Aug. 20,
2024 /PRNewswire/ -- FMC Corporation (NYSE: FMC), a
leading agricultural sciences company, recently submitted
regulatory applications for Dodhylex™ active herbicide in eight
rice-growing countries. Registration dossiers were submitted in
India, Brazil, the
Philippines, the United
States, Colombia,
South Korea, Peru and Taiwan, which account for approximately 35% of
the estimated 165 million hectares of planted rice globally.
Regulatory submissions for Dodhylex™ active are planned in
additional key global markets.
Dodhylex™ active, FMC's brand name for tetflupyrolimet, has been
classified by the Herbicide Resistance Action Committee (HRAC) and
the Weed Science Society of America (WSSA) as a Group 28 herbicide,
making it the first new mode of action herbicide globally in over
three decades. Dodhylex™ active will be an important new
rotational tool for growers to manage herbicide resistance, which
poses an increasing challenge for growers worldwide.
"Dodhylex™ active is a significant advancement for the
agriculture industry as it will help combat resistant grass weeds,"
said Dr. Seva Rostovtsev, FMC
executive vice president and chief technology officer. "This is
particularly remarkable because rice is a grass, and controlling
grass weeds in a grass crop is challenging."
Studies show this proprietary molecule will offer season-long
control of resistant grass weeds in rice, regardless of the
cultivation method. FMC continues to research the use of Dodhylex™
active in additional crops, including sugarcane, wheat,
soybean and corn.
"Dodhylex™ active is one of many new active ingredients in our
robust development pipeline that will contribute to FMC's near and
long-term growth," said Brian P.
Angeli, FMC executive vice president and chief marketing
officer. "There are opportunities to control resistant grass weeds
in other crops, and we are exploring additional markets for
Dodhylex™ active outside of rice. We believe this will expand our
global addressable market in the future."
Dodhylex™ active, which was discovered and developed at FMC's
Stine Research Center, is a testament to FMC's commitment to
innovation and disciplined approach to advancing new molecules to
help combat resistance and support food security for a growing
population. Pending regulatory decisions, FMC anticipates the
first launches of Dodhylex™ active in 2026.
For more information, please visit
www.fmc.com/dodhylexactive
About FMC
FMC Corporation is a global agricultural sciences company
dedicated to helping growers produce food, feed, fiber and fuel for
an expanding world population while adapting to a changing
environment. FMC's innovative crop protection solutions – including
biologicals, crop nutrition, digital and precision agriculture –
enable growers, crop advisers and turf and pest management
professionals to address their toughest challenges economically
while protecting the environment. With approximately 5,800
employees at more than 100 sites worldwide, FMC is committed to
discovering new herbicide, insecticide and fungicide active
ingredients, product formulations and pioneering technologies that
are consistently better for the planet. Visit fmc.com to learn more
and follow us on LinkedIn®.
Dodhylex is a trademark of FMC Corporation and/or an affiliate.
Always read and follow all label directions, restrictions and
precautions for use. Dodhylex™ active is not registered for sale or
use in any country. No offer for sale, sale, or use of this product
is permitted prior to the issuance of the required registrations by
the relevant regulatory entity.
Statement under the Safe Harbor Provisions of the Private
Securities Litigation Reform Act of 1995: FMC and its
representatives may from time to time make written or oral
statements that are "forward-looking" and provide other than
historical information, including statements contained in this
press release, in FMC's other filings with the SEC, and in
presentations, reports or letters to FMC
stockholders.
In some cases, FMC has identified these forward-looking
statements by such words or phrases as "outlook", "will likely
result," "is confident that," "expect," "expects," "should,"
"could," "may," "will continue to," "believe," "believes,"
"anticipates," "predicts," "forecasts," "estimates," "projects,"
"potential," "intends" or similar expressions identifying
"forward-looking statements" within the meaning of the Private
Securities Litigation Reform Act of 1995, including the negative of
those words or phrases. Such forward-looking statements are based
on our current views and assumptions regarding future events,
future business conditions and the outlook for the company based on
currently available information. The forward-looking statements
involve known and unknown risks, uncertainties and other factors
that may cause actual results to be materially different from any
results, levels of activity, performance or achievements expressed
or implied by any forward-looking statement. These statements are
qualified by reference to the risk factors included in Part I, Item
1A of our Annual Report on Form 10-K for the year ended
December 31, 2023 (the "2023 Form
10-K"), the section captioned "Forward-Looking Information" in Part
II of the 2023 Form 10-K and to similar risk factors and cautionary
statements in all other reports and forms filed with the Securities
and Exchange Commission ("SEC"). We wish to caution readers not to
place undue reliance on any such forward-looking statements, which
speak only as of the date made. Forward-looking statements are
qualified in their entirety by the above cautionary
statement.
We specifically decline to undertake any obligation, and
specifically disclaims any duty, to publicly update or revise any
forward-looking statements that have been made to reflect events or
circumstances after the date of such statements or to reflect the
occurrence of anticipated or unanticipated events, except as may be
required by law.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/fmc-corporation-submits-regulatory-applications-in-eight-countries-for-dodhylex-active-302226844.html
SOURCE FMC Corporation
