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Indianapolis, Indiana
March 3, 2009
Dow AgroSciences LLC and
Schillinger Seed, Inc.
have entered into a licensing, research and development
agreement for the commercialization of transgenic commodity
soybeans.
“We are pleased to be working with Schillinger. This is one more
step to expand the soybean genetic platform for Dow
AgroSciences, and will expand the soybean platform for Dow
AgroSciences to launch its Dow Herbicide Tolerance (DHT) trait,”
said Jerome Peribere, president and CEO, Dow AgroSciences.
“Furthermore, this collaboration will help accelerate the
development and launch of future traits in soybeans.”
Under the agreement, Dow AgroSciences will obtain the
Schillinger Seed brand and exclusive right to breed, produce,
distribute and sell Schillinger Seed brand transgenic commodity
soybeans. In addition Schillinger will continue to develop and
produce proprietary soybean germplasm for Dow AgroSciences to
use in breeding and commercial sales.
Non-GMO and specialty soybeans will continue to be researched,
developed and marketed independently by Schillinger under its
recently introduced
eMerge Genetics™ brand.
“This is a ‘win-win’ for both sides,” said John Schillinger,
president and CEO for Schillinger Seed, Inc. “This agreement
really allows us to focus on developing and marketing specialty
soybeans for the food and feed industry under our eMerge
Genetics™ brand, where we have seen tremendous growth
opportunities recently.”
Dow AgroSciences will continue to sell Schillinger Seed
transgenic soybean seed through Stratton Seed of Stuttgart,
Ark., in the Southern U.S. Additional terms of the agreement
were not disclosed.
Schillinger Seed and eMerge Genetics™ were founded by soybean
seed industry veteran John Schillinger, former president of
Asgrow Seed. The company recently launched an elite, premium
soybean brand exclusively dedicated to non-GMO soybeans. More
information about eMerge Genetics™ can be found at
www.eMergeGenetics.com
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, were $4.5 billion in 2008. Learn more at
www.dowagro.com
eMerge Genetics™ is a registered trademark of Schillinger Seed
Inc.
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