1 September 2024
Starpharma signs Priostar Agrochemical Partnership with Gowan
Melbourne, Australia and Yuma, Arizona: Starpharma Holdings Ltd (ASX:SPL; OTCQX: SPHRY) and Gowan Company LLC today announced a new partnership using Starpharma’s Priostar® dendrimer technology in crop protection formulations.
Under the agreement, Starpharma’s Priostar® dendrimers will be evaluated as potential enhancements for certain Gowan products intended for high value markets.
The partnership with Gowan, a US-based company with global agrochemical sales of more than US$300 million, aims to broaden crop protection offerings and open new markets through the use of Starpharma’s Priostar® dendrimer technology.
“We are excited at the prospect of working with Gowan to develop new formulation options using our Priostar® dendrimers for high value markets,” said Starpharma Chief Executive Officer Dr. Jackie Fairley. “Gowan’s focus on providing tailored solutions to farmers’ problems fits well with our technology’s capabilities.”
“At Gowan we are proud of our history of providing a complete offering to farmers and we are very pleased to be able to include Starpharma’s innovative technology for potential improvements to our crop protection formulations,” said Sandra Alcaraz, Disruptive Technologies Manager.
“With a strong product portfolio and international distribution network, we are able to effectively apply innovative technologies in crop protection products for our key markets.”
The benefits of Starpharma’s Priostar® dendrimers to agrochemical companies and end-user growers can include:
- Improved product efficacy;
- More concentrated formulations to reduce supply chain costs and for greater ease of handling;
- Reduction in solvent loading; and
- Improved bioavailability through increased adhesion, to reduce losses due to rain run-off, and the need for multiple applications.
Starpharma continues to advance the commercialisation of Priostar® for crop protection applications via both an internal research program and through valued partnerships with other crop protection companies.
Download ASX Announcement: Starpharma signs Priostar® Agrochemical Partnership with Gowan ( pdf file, 84kb)
About Gowan Company
Gowan Company LLC, based in Yuma, Arizona, USA, is a family-owned registrant and marketer of crop protection solutions for specialty crops and niche markets of agriculture. Products include insecticides/miticides, fungicides, and herbicides. Critical competencies are field sales and development, pesticide registration, formulation and efficient market delivery.