Aurora, Colorado and Alvin, Texas
September 28, 2004
Evolutionary Genomics of Aurora,
CO and RiceTec, Inc. of Alvin, TX announced today that they have
formed a collaboration to identify the natural genes controlling
yield in rice.
To feed the growing world population and achieve greater
efficiency with the shrinking acreage of agricultural land,
there is a critical need to increase the yield of crops such as
rice. The most common scientific approach has been to introduce
genes from other organisms into crop plants, creating
genetically modified (GM) crops that make new, foreign proteins
not usually made by the particular species. This approach has
raised concerns about health implications, (such as allergic
reactions), as well as possible negative, environmental effects
Evolutionary Genomics and RiceTec are taking a decidedly
different approach to increasing rice yields, by using
Evolutionary Genomics' patented technology to identify the
natural genes in rice that control yield. Ancient
agriculturalists were able to achieve significant yield
increases by tirelessly selecting the best yielding plants.
''Adaptations that resulted in higher yield became widespread in
domesticated rice through selection by farmers thousands of
years ago.'' Evolutionary Genomics' Chief Technology Officer,
Dr. Walter Messier said ''These adaptations have stood the test
of time, regarding health, environmental effects and improved
rice cultivars.''
Under the terms of the collaboration, Evolutionary Genomics will
identify genes that have undergone adaptive evolution in
domesticated rice (Oryza sativa) when compared with the rice
ancestor (Oryza rufipogon). The companies will work together to
establish connections between these adapted genes and control of
rice yield. ''Without resorting to moving genes across species
boundaries, we can build on the work of early domesticators to
increase yield in rice by identifying the rice genes that
control yield.'' said Ginny Orndorff, President & CEO of
Evolutionary Genomics. .
RiceTec will have exclusive rights to use the project
discoveries in its hybrid breeding program to develop naturally
high-yielding, hybrid rice seed. John Nelsen, RiceTec Executive
Vice President and General Manager Seed Business said ''We are
looking forward to quickly putting the results of this project
to work, and accelerating grain yield improvements for the US
rice farmer''.
Financial terms of the arrangement were not disclosed.
RiceTec, Inc. is an integrated rice company specializing in
the breeding, development, production and marketing of high
value rice products. Headquartered in Alvin Texas, the company
operates the primary rice research center for RiceTec AG, an
international rice technology venture. RiceTec, Inc. is the
first company to commercialize hybrid rice seed in the United
States. It is also a leading producer, miller and marketer of
specialty consumer rice products which are sold in over 20,000
supermarkets in North America. The company has 180 employees.
Evolutionary Genomics is an early-stage biotechnology company
specializing in cost-effective identification and validation of
a relatively small number of adapted genes with very significant
commercial value. The work we are doing will have important
impacts in agricultural markets as well as human pharmaceuticals
markets. The Company's business model is to partner with
strategic players in our targeted industries. |