Core Insights - BASF SE's Agricultural Solutions unit and ADAMA Ltd. have formed a strategic partnership to co-develop and commercialize ADAMA's proprietary fungicide active ingredient, Gilboa, aimed at enhancing disease management solutions for European farmers [1][2] Group 1: Partnership Details - The collaboration will leverage BASF's development expertise and market access in Europe, while both companies will independently manage their product concepts, pricing, and sales strategies [2] - Gilboa is classified under the Fungicide Resistance Action Committee (FRAC) Group 32, targeting nucleic acid metabolism, and offers a new solution to regulatory challenges and the phase-out of existing active ingredients in Europe [3][7] Group 2: Product Launch Timeline - Gilboa-based formulations for wheat are expected to be launched in Great Britain by 2027, with broader European launches planned for 2029, subject to regulatory approval [4][7] Group 3: Market Performance - BASF's shares have increased by 20.4% over the past year, contrasting with a 13.9% decline in the industry [4]