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North Vancouver, British Columbia,
Canada and Indianapolis, Indiana, USA
July 28, 2008
Agrisoma Biosciences Inc.
and Dow AgroSciences LLC
announced an extension of their collaboration agreement to
research, develop and commercialize animal health products using
Agrisoma's patented Engineered Trait Loci (ETL) technology for
gene delivery and expression. Under the terms of the agreement,
Agrisoma and Dow AgroSciences will focus on certain aspects of
the technology to build upon the significant progress made to
date. Financial details of the agreement were not disclosed.
"This continuing alliance with Dow AgroSciences emphasizes the
quality of the last three years of effort by both organizations
to advance the commercialization of this highly innovative and
unique technology for expressing new gene products in plants and
plant cells,” said Agrisoma President and CEO Steven Fabijanski.
"This agreement underscores the robust nature of our technology
and our commitment to high quality partnerships. We have been
fortunate to work with Dow AgroSciences and look forward to
further progress.”
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 production of proteins.
Agrisoma’s ETL, or Engineered Trait Loci technology allows the
assembly or stacking of multiple traits within highly productive
genetic loci to efficiently express new genes. ETL technology is
patent-protected and is supported by additional proprietary
technology that allows these loci to be further improved by
adding additional genes for increased productivity and product
yield.
Dow AgroSciences LLC, based in Indianapolis, Indiana, USA, is a
top-tier agricultural company that combines the power of science
and technology with the "Human Element" to constantly improve
what is essential to human progress. Dow AgroSciences provides
innovative technologies for crop protection, pest and vegetation
management, seeds, traits, and agricultural biotechnology to
serve the world's growing population. Global sales for Dow
AgroSciences, a wholly owned subsidiary of The Dow Chemical
Company, are $3.8 billion.
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