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HomePosts Tagged "Kimitec"
Agrotech, Company News, R&D

The two companies will also explore setting up a research & development facility in the country  

Dhanuka Agritech, one of the leading agri-input companies in India, announced that it has signed a ‘Letter of Intent’ with Spain-based Kimitec to explore various business opportunities, including setting up a joint venture in India for the development and commercialisation of biological products using natural molecules & derived from natural sources. 

 The two companies will also explore setting up a Research & Development facility in the country.  

Biological products are derived from natural sources using botany, microbiology, microalgae, and bioinformatics. These represent a sustainable category of products providing crop protection, soil health, and plant nutrition. These products can be used individually or in combination with conventional chemical products as per the requirements. 

 “As part of our continuous effort to offer the best products and solutions to the Indian farming community, we have signed a non-binding Letter of Intent with Spain’s Kimitec to explore various business opportunities, including setting up a joint venture in India and an R&D facility, as well as the commercialization of biological products. The demand for biological products is increasing globally, and we see an uptrend for these products in India too.” said Rahul Dhanuka, Joint Managing Director, Dhanuka Agritech. 

Kimitec, is a cutting-edge biotech company & founder of MAAVi Innovation Center, the largest European biotech innovation hub dedicated to natural molecules. Kimitec has implemented a revolutionary AI platform at MAAVi Innovation Center. Known by the name of LINNA this AI platform is already providing Kimitec with around 35 per cent of candidate compounds for product development.

“As part of our mission to change the way food is produced globally, we have identified Dhanuka Agritech Ltd as a perfect partner to bring our natural yet as effective as chemicals solutions to farmers in India,” said Félix García, CEO of Kimitec.

Kimitec operates in more than 100 countries around the world and collaborates with MNC’s to develop and commercialize biological products for B2B and B2C markets.

Dhanuka Group already has tie-ups with seven leading agrochemical companies from the US, Japan, and Europe, to introduce the latest technology and products in India. 

The two companies will also explore setting

Agrotech, Biostimulants, Company News, Europe

Kimitec becomes a new strategic partner for Bayer, combining their unique biologicals discovery capabilities with Bayer’s global field-testing resources.

Bayer and Kimitec announced a new strategic partnership focused on accelerating the development and commercialization of biological crop protection solutions and biostimulants. As part of a global agreement, both companies will become key partners to advance and establish biological solutions derived from natural sources: crop protection products that address pests, diseases and weeds, as well as biostimulants to promote plant growth.

Kimitec operates the MAAVi Innovation Center, Europe’s largest biotechnological innovation hub with 15 years of experience in the research and discovery of natural molecules and compounds for agriculture and food sectors, to provide farmers and growers with all types of natural agricultural products. By leveraging Bayer’s unparalleled product development expertise with Kimitec’s proven discovery capabilities, biological product development will be accelerated to build integrated crop management solutions that can scale and develop through Bayer’s global infrastructure backbone. This includes field testing, product support and commercialization.

“Bayer is committed to providing growers with the benefits of biological solutions as part of an integrated crop management system backed by our leading traits, crop protection products and digital tools,” said Dr. Robert Reiter, Head of R&D for Bayer’s Crop Science division. “

With this agreement, Kimitec becomes a key partner for the acceleration of Bayer’s pipeline of Biologicals. As a world leader in biologicals R&D, Kimitec’s MAAVi Innovation Center will provide its expertise and its unique disruptive technology, including AI as an enabler of faster time-to-results. This will fuel Bayer’s ability to market the next generation of biological solutions.

“Our work with Kimitec offers a unique accelerated path to innovative biological solutions that will help us deliver on our shared vision for a new generation of effective, safe, and sustainable solutions derived from nature,” said Benoit Hartmann, Head of Biologics for Bayer’s Crop Science division. “Being able to partner with Kimitec is exactly how Bayer is going to leverage the open innovation ecosystem to work with our different strategic partners and bring the next generation of biologicals to growers.”

The biologicals market is expected to grow to nearly €25 billion by 2028, as consumers’ demand for low- and no-residue food products, and retailer food sourcing standards drive growers to look for new innovations in crop protection.

Kimitec becomes a new strategic partner for