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US agchem sales up 8% in 2011

US crop protection sales rose by 8.3% to $7,100 million in 2011, according to a forthcoming report from market research company Kline & Company (Parsippany, New Jersey). While sales for generic manufacturers increased by 7.6%, their market share fell as R&D-based companies pursued aggressive marketing strategies. Generic and R&D-based manufacturers are introducing products with multiple modes of action, which are pulling prices up and placing pressure on off-patent brands based on single active ingredients, Kline points out.

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