FMC Corporation obtains registration in Great Britain for Fundatis® herbicide powered by Isoflex® active
Rhea-AI Summary
FMC Corporation (NYSE: FMC) has secured registration for Fundatis® herbicide in Great Britain for winter wheat and winter barley applications. The herbicide, powered by Isoflex® active, is classified as a Group 13 herbicide by HRAC and combines two previously unavailable active ingredients in Great Britain.
Fundatis® herbicide effectively controls key annual grass weeds like Blackgrass and Italian Ryegrass, along with broadleaf weeds such as Groundsel and Speedwell. The product will be available during the fall growing season in Great Britain. Isoflex® active has already been registered in several countries including Argentina, Australia, Brazil, and China, with a pending application in the European Union.
Positive
- Registration approval in Great Britain expands market presence
- Product offers new solution for herbicide resistance management
- Effective control of key grass and broadleaf weeds
- Already successfully registered in multiple major agricultural markets
Negative
- Pending regulatory approval in European Union creates market uncertainty
- Limited to specific crop applications (winter wheat and winter barley)
News Market Reaction 45 Alerts
On the day this news was published, FMC declined 2.64%, reflecting a moderate negative market reaction. Argus tracked a trough of -4.1% from its starting point during tracking. Our momentum scanner triggered 45 alerts that day, indicating elevated trading interest and price volatility. This price movement removed approximately $133M from the company's valuation, bringing the market cap to $4.90B at that time.
Data tracked by StockTitan Argus on the day of publication.
"Fundatis® herbicide introduces a new solution featuring two active ingredients previously unavailable in
Fundatis® herbicide combines FMC's innovative molecule Isoflex® active with beflubutamid, providing growers with a new tool for resistance management. Fundatis® herbicide provides a strong foundation as part of an integrated weed management program, effectively contributing to the control of key annual grass weeds, including Blackgrass (Alopecurus myosuroides) and Italian Ryegrass (Lolium multiflorum). It also offers control of key broadleaf weeds such as Groundsel (Senecio vulgaris) and Speedwell (Veronica spp.). Fundatis® herbicide will be available to growers during the fall growing season in
The registration in
Products containing Isoflex® active have exhibited pre-plant, pre-emergence and early post-emergence selectivity in major crops across the globe, including canola, cereals, oilseed rape and pulses. Research on the use of Isoflex® active in additional crops and segments is ongoing.
To learn more about Isoflex® active, please visit FMC.com/isoflexactive.
About FMC
FMC Corporation is a global agricultural sciences company dedicated to helping growers produce food, feed, fiber and fuel for an expanding world population while adapting to a changing environment. FMC's innovative crop protection solutions – including biologicals, crop nutrition, digital and precision agriculture – enable growers and crop advisers to address their toughest challenges economically while protecting the environment. FMC is committed to discovering new herbicide, insecticide and fungicide active ingredients, product formulations and pioneering technologies that are consistently better for the planet. Visit fmc.com to learn more and follow us on LinkedIn®.
FMC, Isoflex and Fundatis are trademarks of FMC Corporation and/or an affiliate. Always read and follow all label directions, restrictions and precautions for use. Products listed here may not be registered for sale or use in all states, countries or jurisdictions.
Statement under the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995: FMC and its representatives may from time to time make written or oral statements that are "forward-looking" and provide other than historical information, including statements contained in this press release, in FMC's other filings with the SEC, and in presentations, reports or letters to FMC stockholders.
In some cases, FMC has identified these forward-looking statements by such words or phrases as "outlook", "will likely result," "is confident that," "expect," "expects," "should," "could," "may," "will continue to," "believe," "believes," "anticipates," "predicts," "forecasts," "estimates," "projects," "potential," "intends" or similar expressions identifying "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including the negative of those words or phrases. Such forward-looking statements are based on our current views and assumptions regarding future events, future business conditions and the outlook for the company based on currently available information. The forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any results, levels of activity, performance or achievements expressed or implied by any forward-looking statement. These statements are qualified by reference to the risk factors included in Part I, Item 1A of our Annual Report on Form 10-K for the year ended December 31, 2024 (the "2024 Form 10-K"), the section captioned "Forward-Looking Information" in Part II of the 2024 Form 10-K and to similar risk factors and cautionary statements in all other reports and forms filed with the Securities and Exchange Commission ("SEC"). We wish to caution readers not to place undue reliance on any such forward-looking statements, which speak only as of the date made. Forward-looking statements are qualified in their entirety by the above cautionary statement.
We specifically decline to undertake any obligation, and specifically disclaims any duty, to publicly update or revise any forward-looking statements that have been made to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events, except as may be required by law.
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SOURCE FMC Corporation
