Scott, Mississippi
September 3, 2004
Delta and Pine Land
Company (D&PL) has acquired licenses from
Syngenta to deliver novel
biotechnology products to cotton producers worldwide. Under the
agreements with Syngenta, D&PL obtains global licenses to
develop and commercialize Syngenta's innovative
insect-resistance traits, as well as licenses to a wide range of
other Syngenta-enabling technologies that may be useful in
developing new valuable products for use in cotton and soybean
seed.
Pending regulatory approval, the first product to be
commercialized under the agreements will be VipCot, a novel
insect control trait. Subsequent varieties are expected to
contain VipCot stacked with an herbicide-tolerant trait and
thereafter with another insect-resistant gene.
''We believe the farm community wants another trait with a
different mode of action and another trait supplier,'' said D&PL
President and CEO Tom Jagodinski at a recent company picnic and
meeting in Scott, Mississippi to explain to D&PL employees the
details of the licensing collaboration between the two
companies.
More than 200 D&PL employees turned out on August 31 in Scott,
Mississippi to meet Syngenta officials and learn more about
Syngenta as a company. David Jones, head of business development
and a member of the Syngenta executive committee, detailed for
the D&PL employees his company's involvement in seeds, traits
and crop protection products worldwide.
According to USDA data in 2003, the percentage of cotton acreage
planted to varieties containing biotechnology traits was 76
percent, a number that has grown consistently since D&PL
introduced the first transgenic cotton in 1996. The largest
growth area in the past few years has been in stacked varieties.
''It's clear that D&PL has the best seed products in the
marketplace today and the collaboration with Syngenta will mean
more choices of high-value cotton varieties for farmers,'' said
Todd Martin, cotton traits manager for Syngenta.
''By increasing the number of technologies available to us, we
can ensure our ability to offer cotton producers the traits and
combinations of traits they find most beneficial on their
farms,'' said Randy Dismuke, D&PL senior vice president for the
U.S. business.
Expanded greenhouse facilities and winter nursery capabilities
will be utilized by D&PL to get the first VipCot products out as
soon as possible, said Jagodinski. Regulatory approval of VipCot
is pending.
Traits Product Launch Dates
Now that this contract is signed, both companies will undertake
a comprehensive review of the 2004 field-trial results. After
this review, the lead transgenic event for commercialization
will be selected. This will determine the launch date.
Delta and Pine Land Company is a commercial breeder, producer
and marketer of cotton planting seed, as well as soybean seed,
in the Cotton Belt. For almost 90 years, the company has used
its extensive plant breeding programs, drawing from a diverse
germplasm base, to develop improved cotton varieties. Delta and
Pine Land Company (NYSE: DLP), headquartered in Scott,
Mississippi, has offices in eight states and facilities in
several foreign countries.
Syngenta is a world-leading agribusiness committed to
sustainable agriculture through innovative research and
technology. The company is a leader in crop protection, and
ranks third in the high-value commercial seeds market. Sales in
2003 were approximately US$6.6 billion. Syngenta employs some
19,000 people in over 90 countries. Syngenta is listed on the
Swiss stock exchange (SYNN) and in New York (SYT).
VipCot is a registered trademark of Syngenta. |