Dow AgroSciences, Agrisoma Biosciences Announce Research and Commercial License Option Agreement for Agricultural Crops
Dow AgroSciences and Agrisoma have collaborated since 2004 in the area of high value protein production in plants and plant cell cultures. The initial collaboration formed the foundation of a successful relationship. This new agreement builds on that relationship and expands use of the ETL technology into field crops.
"Dow AgroSciences' strategic investment in Agrisoma's ETL technology will accelerate the creation of new and novel products in crop plants, such as increased levels and improved forms of healthier oils or other beneficial food components," said
Agrisoma's ETL technology is a patent protected, broadly applicable technology that facilitates the placement of new traits in the native genome of a crop. The ETL technology has been used to engineer oil composition, oil content and yield for the renewable energy market and ETL-engineered crops are now undergoing a second year of field trials at multiple locations.
"We recognize Dow AgroSciences as a premiere global leader in plant biotechnology and are tremendously excited about the opportunity to expand our collaboration with Dow AgroSciences," said Steven Fabijanski, Agrisoma's president and chief executive officer. "Agrisoma has demonstrated the utility, stability and performance our ETL technology in a broad range of crops, including important food crops such as soybeans and canola. Our ETL technology has proven performance, and through this new collaboration with Dow AgroSciences, we hope to be able to commercialize this technology in major global food crops. The research collaboration with Dow AgroSciences complements our industrial crop program which is focused on creating renewable feedstocks using dedicated bioenergy plants."
About Agrisoma Biosciences
Agrisoma Biosciences Inc. is a private agricultural biotechnology company using its leading edge ETL technology to create new crop varieties engineered for high value applications such as biofuel production and renewable manufacturing feedstock. Agrisoma's ETL, or Engineered Trait Loci technology allows efficient stacking and expression of multiple traits in any crop species. For further information about Agrisoma, and its technology, collaborations and partnerships, please visit: www.agrisoma.com
About Dow AgroSciences LLC
Dow AgroSciences LLC, based in
Note: Certain of the statements contained in this press release are forward-looking statements which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.For further information: Steven Fabijanski, Ph.D., President and CEO of Agrisoma Biosciences Inc., +1-613-834-5265, email@example.com; or Robyn Heine of Dow AgroSciences, +1-317-337-4807, firstname.lastname@example.org