Bayer, Beijing Yoloo signed collaboration agreement on insecticide nitenpyramid/pymetrozine

Date:05-06-2014

Bayer CropScience China recently entered into an agreement with Beijing Yoloo Biotechnology, through which Yoloo’s rice insecticide nitenpyramid/pymetrozine 80%WDG is brought into the product line of Bayer CropScience, thus its rice pest control product portfolio is enhanced, being an addition to its total crop protection solution.

This mixture product of Beijing Yoloo was before already released to Chinese market in the trade name of Saofei, which has become well recognized by Chinese farmers, resulting in a sales of above Yuan 100 million ($16 million at the current rate) in 2013. This time the cooperation between Bayer CropScience and Yoloo gives the product the name of Jirui and has included it in the product line of Bayer CropScience, which becomes the first Chinese product falling under the product line of Bayer CropScience.

He Yuanbo, the general manager of the Great China Region of Bayer CropScience expressed during the signing ceremony that Bayer CropScience is prepared to introduce competitive product from partners of cooperation to enrich its product line and enhance its crop protection solutions so as to provide farmers with better and more valuable services.

It is said that the product is only brought into the product line of Bayer CropScience for Chinese market, and it will be assessed if same is going to be brought into the product line for overseas market. However Jiang Qinjun, the board chairman of Yoloo has indicated that the company is currently processing the overseas registration of the product in support of overseas market exploration.