Syngenta and Novozymes announced a global agreement under which Syngenta will work with Novozymes to commercialize the Novozymes technology JumpStart, a seed-applied biological which increases phosphate solubility in the soil.

The two companies will jointly develop the market for JumpStart in combination with Syngenta's Seed Care portfolio on crops including cereals and corn.

The agreement extends the geographic potential of JumpStart, currently sold mainly in North America, to the rest of the world.

The market potential for seed-applied technologies to increase phosphate efficiency is estimated at over $100 million.