On July 25, 2023, Newsun's "New Defoliant and Its Application" was approved in Brazil through the PPH (Patent Prosecution Highway) pathway. This is a major breakthrough in the field of defoliants for Newsun Biotechnology, which has important value and significance in promoting global agricultural scale and mechanization. In recent years, the global defoliant market has reached a peak of development, with defoliant technologies for crops such as soybeans, chili peppers, and cotton receiving widespread attention both domestically and internationally. As a high-tech enterprise focused on innovative research and development of green agricultural biotechnology, Newsun has always been committed to the research and development of green agricultural input technology and global intellectual property layout. As one of the company's key research and development technologies, this achievement has been granted an invention patent in China and the protection scope involves the chemical structure, function, application technology, and formulation of the compound.

Patent Certificate for "New Defoliant and Its Application"

According to QYR research data, the global defoliant market size has reached 18.46 billion US dollars in 2021, and is expected to exceed 29 billion US dollars in 2028, with a compound annual growth rate of 6.7%. As one of the world's largest exporters of agricultural products, Brazil's demand for high-quality green agricultural inputs is constantly increasing. According to data from Brazil's Sindiveg (Plant Protection Products Industry Alliance), the sales of agrochemicals in the Brazilian market exceeded $16 billion in 2020. The authorization of the Newsun's "New Defoliant and Its Application" patent will greatly enhance the protection and recognition level of this technology in Brazil. It can not only better meet the needs of the Brazilian market, but also provide high-quality biotechnology solutions for different crops.

The Newsun's "New Defoliant and Its Application" patent can meet the defoliation needs of crops such as chili and cotton before mechanical harvesting, and maximize the quality of agricultural products and environmental safety. With the continuous increasing in global high-quality agricultural product trade, the authorization and conversion application of the Newsun's "New Defoliant and Its Application" patent will undoubtedly form a new driving force for China's biotechnology to further expand into the international market and lead the rapid development of global biotechnology.