Corteva announces commercial launch of Adavelt active, with recent product registrations in Australia, Canada and South Korea; product is a novel fungicide with a new mode of action that protects against wide range of diseases that can impact crop yields

Sample article from our Agriculture Industry

INDIANAPOLIS , March 28, 2023 (press release) –

Corteva Agriscience announced today the commercial launch of Adavelt™ active, with recent product registrations in three countries – Australia, Canada and South Korea. Adavelt active is a novel fungicide with a new mode of action that protects against a wide range of diseases that can impact crop yields.

Zetigo™ PRM fungicide with Adavelt™ active, now approved for sale in Canada, will be available for the 2023 growing season for use in lentil crops. Commercial sales of products containing Adavelt active will also begin this year in Australia and in South Korea. Corteva plans to offer Adavelt active in additional countries and pending appropriate crop registrations in the following years, subject to regulatory approvals.

“Farmers have a critical need for innovative fungicides to address the challenges they face today. Adavelt™ active delivers exactly that – a new, flexible option to protect crops and preserve yield potential,” said Robert King, Executive Vice President, Crop Protection Business Unit, Corteva Agriscience. “Corteva is investing in R&D to bring farmers differentiated, sustainable solutions like Adavelt active. The commercialization of Adavelt active is a testament to our strong pipeline.”

Adavelt™ active is built on the discovery of Inatreq™ active, a natural origin fungicide developed by Corteva with proven effectiveness for many crops. Adavelt active (florylpicoxamid/FRAC Group 21) is the first broad-spectrum picolinamide fungicide for use against ascomycota pathogens in major crops grown worldwide. Adavelt active features a novel target site of action in many crops with no cross-resistance to other modes of action, and it has a strong fit in existing integrated pest management programs as a resistance management tool.

Adavelt™ active offers preventative properties against a wide range of diseases severely impacting yield, along with curative properties when used in the early stages of infection. By adding Adavelt active to disease management programs, farmers can simplify fungal control efforts and reduce resistance risks, while protecting the yield potential and quality of crops, both now and in future seasons.

More information is available at corteva.com.

About Corteva Agriscience

Corteva, Inc. (NYSE: CTVA) is a publicly traded, global pure-play agriculture company that combines industry- leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world’s most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at corteva.com

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Cautionary Statement on Forward-looking Statements

This release contains certain estimates and forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended, which are intended to be covered by the safe harbor provisions for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995, and may be identified by their use of words like “plans,” “expects,” “will,” “anticipates,” “believes,” “intends,” or other words of similar meaning. All statements that address expectations or projections about the future, including statements about Corteva’s regulatory approvals, product development, product offerings and expected performance are forward-looking statements. Corteva disclaims and does not undertake any obligation to update or revise any forward-looking statement, except as required by applicable law. A detailed discussion of some of the significant risks and uncertainties which may cause results and events to differ materially from such forward-looking statements or other estimates is included in the “Risk Factors” section of Corteva’s Annual Report on Form 10-K, as modified by subsequent reports on Form 10-Q and Current Reports on Form 8-K.

™ ® Trademarks of Corteva Agriscience and its affiliated companies. Contact your state pesticide regulatory agency to determine if a product is registered for sale or use in your area. The information presented here is not an offer for sale. Always read and follow label directions. © 2023 Corteva

Contacts

Larissa Capriotti
515-805-4854 cell
larissa.capriotti@corteva.com

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