Verdeca's HB4® Drought and Herbicide Tolerant Soybeans Get Approval in Paraguay
November 20, 2019| |
The Paraguayan Minister of Agriculture, through the National Commission for Agricultural and Forestry Biosafety has given their approval to Verdeca's HB4® drought and herbicide tolerant soybeans. The HB4 stack is Verdeca's newest product release from its pipeline of traits developed to benefit soybean producers through quality improvement, stress mitigation, and management practices.
ISAAA's Global Status of Commercialized Biotech/GM Crops in 2018 reports that Paraguay planted 3.35 million hectares of biotech soybeans in 2018. With this new approval, the HB4 trait now has regulatory approval in more than 80 percent of the global soybean market. The HB4 trait has already been approved in the U.S., Argentina, and Brazil, with regulatory submissions currently under consideration by China. Import approval from China is needed for commercial launch in Argentina and is now expected in late 2020.
For more details, read the news release from Verdeca.
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