BEIJING--(BUSINESS WIRE)--Origin Agritech Limited (NASDAQ: SEED) (“Origin” or the “Company”), a vertically–integrated supplier of hybrid and genetically-modified crop seeds in China, announced it has developed a strategic pesticide business unit for premium branded chemical products. The company expects a premium branded glyphosate product to be marketed immediately into the domestic agricultural market for the 2010 selling season. This branded product expects to be sold at a premium to other non-branded products in the current Chinese marketplace and will work in conjunction with Origin’s glyphosate-resistant seed portfolio, currently in regulatory approval phases. The pesticide portfolio developed will be designed to work synergistically with the existing hybrid and genetically modified seed products.
