Indianapolis, Indiana and des
Moines, Iowa
October 18, 2006
Dow AgroSciences LLC, a subsidiary of The Dow Chemical
Company (NYSE: DOW), and DuPont
subsidiary Pioneer Hi-Bred
International, Inc., announced today that they will make
their new and increasingly popular family of insect resistant
biotech traits more readily available to growers.
The co-developers of the Herculex®
family of insect resistance for corn have agreed to eliminate a
provision that would have delayed when Dow AgroSciences could
license Herculex RW Rootworm Protection and Herculex XTRA Insect
Protection to other seed companies. The companies agreed to
allow the making of molecular stacks with the Herculex traits,
as well as breeding stacks with their own or other traits.
Financial terms of the agreement were not disclosed.
“Herculex traits are fast becoming
the in-plant insect protection of choice for corn farmers,” said
Tom Wiltrout, Dow AgroSciences’ global business leader – corn.
“Regional seed companies will now be able to evaluate and
introduce these traits into their lineup in the 2007 season.”
Herculex XTRA combines the
above-ground protection of Herculex I with the below-ground
protection of Herculex RW. In addition, all Herculex products
come with the LibertyLink® trait for tolerance to Liberty®
herbicide. The Herculex family of traits offers broader and more
effective control than other biotech insect resistant traits on
the market. Unlike others, Herculex I provides in-plant
protection against black cutworm and western bean cutworm – two
significant corn pests – in addition to the European corn borer.
Third party evaluations this summer found Herculex RW provided
far better protection of corn roots than competitive products.
“We are very excited about the
competitive advantage of the Herculex family and are
aggressively transitioning to Herculex for all our proprietary
genetics,” said Bob Iwig, Pioneer vice president for marketing.
“Using molecular stacks will allow us to keep up the pace as we
move to stacks with multiple new traits in our pipeline.”
Dow AgroSciences and Pioneer
formed the research collaboration in 1995 to develop insect
resistant traits for themselves and for out-licensing. Herculex
I was launched in 2003. Herculex RW and Herculex XTRA were
launched in 2006.
While the two companies jointly
developed the traits, they are marketing them separately. Dow
AgroSciences is responsible for all out-licensing.
Dow AgroSciences LLC, based in
Indianapolis, Indiana, USA, is a top tier agricultural company
providing innovative crop protection, seeds, and biotechnology
solutions to serve the world's growing population. A wholly
owned subsidiary of The Dow Chemical Company, global sales for
Dow AgroSciences are $3.4 billion. Dow AgroSciences and Mycogen
Seeds are wholly owned subsidiaries of the Dow Chemical Company.
Mycogen Seeds, the retail seed brand of Dow AgroSciences,
markets grain corn, silage corn and nutritionally enhanced corn
seed, as well as sunflower, canola, soybean, alfalfa and sorghum
seed through an extensive network of dealers across the United
States. Learn more at
www.dowagro.com/ and
www.mycogen.com.
Pioneer Hi-Bred International,
Inc., a subsidiary of DuPont, is the world's leading source of
customized solutions for farmers, livestock producers and grain
and oilseed processors. With headquarters in Des Moines, Iowa,
Pioneer provides access to advanced plant genetics, crop
protection solutions and quality crop systems to customers in
nearly 70 countries. DuPont is a science-based products and
services company. Founded in 1802, DuPont puts science to work
by creating sustainable solutions essential to a better, safer,
healthier life for people everywhere. Operating in more than 70
countries, DuPont offers a wide range of innovative products and
services for markets including agriculture and food; building
and construction; communications; and transportation.
®Herculex is a registered
trademark of Dow AgroSciences LLC.
®Liberty and LibertyLink are registered trademarks of Bayer AG.
Herculex Insect Protection technology by Dow AgroSciences and
Pioneer Hi-Bred. |