Business Update3 Sept 2024, 07:48 pm
Best Agrolife Subsidiary Granted 20-Year Patent for Pesticidal Composition
AI Summary
Best Agrolife Ltd. is pleased to announce that its wholly owned subsidiary, Seedlings India Private Limited, has been granted a patent by the Indian Patent Office for an invention titled 'SYNERGISTIC PESTICIDAL COMPOSITION COMPRISING PYMETROZINE, ISOPROTHIOLANE AND STROBILURIN FUNGICIDE'. The patent, granted for a term of 20 years from December 13, 2021, is in accordance with the provisions of the Patents Act, 1970. This development is a significant achievement for Best Agrolife and its subsidiary, showcasing their commitment to innovation and development in the field of pesticides.
Key Highlights
- Best Agrolife's subsidiary, Seedlings India Private Limited, granted a 20-year patent by the Indian Patent Office.
- Patent is for a synergistic pesticidal composition comprising Pymetrozine, Isoprothiolane, and Strobilurin Fungicide.
- The invention is expected to provide a competitive edge to the company in the pesticide market.
- This patent is a testament to Best Agrolife's commitment to innovation and development.
- The patent term commences from December 13, 2021, in accordance with the Patents Act, 1970.