Core Insights - ADAMA Ltd. and BASF have entered a strategic co-development and commercialization agreement for the fungicide active ingredient Gilboa, aimed at providing new disease management solutions for European cereal growers [1][2][3] Group 1: Partnership Details - The collaboration will leverage ADAMA's innovation and formulation expertise alongside BASF's development capabilities and market access, ensuring faster delivery of next-generation solutions to farmers [2][5] - Each company will independently manage its own concepts, pricing, sales, and market strategies [2] Group 2: Product Development and Launch Timeline - Pending product registration approvals, Gilboa-based formulations for wheat are expected to launch in Great Britain in 2027, followed by broader European launches in 2029 [5] Group 3: Market Context and Need - European farmers are facing increasing regulatory pressures and the phase-out of existing active ingredients, creating a demand for effective and reliable crop protection tools [3] - Gilboa offers a novel mode of action for cereals, classified under FRAC Group 32, and is designed to provide broad-spectrum, long-lasting disease control solutions [3] Group 4: Company Profiles - ADAMA Ltd. is recognized as a global leader in crop protection, focusing on innovative and sustainable solutions to address challenges faced by farmers [6] - BASF Agricultural Solutions emphasizes sustainability and invests significantly in R&D, with a reported sales figure of €9.8 billion in 2024 [8]