Des Moines, Iowa and Newtown, Pennsylvania
March 10, 1997Pioneer Hi-Bred International Inc. and Kimeragen, Inc. today announced the signing of a
research collaboration through which Pioneer will utilize Kimeragens novel
"gene enhancement" technology in their crop genetic improvement efforts.
The agreement includes a non-exclusive license under which Kimeragen grants Pioneer the
right to use "chimeraplasty" a process which allows targeted genetic
enhancement in any plant species. Pioneer will focus initial development efforts on
the improvement of corn genetics. Financial terms of the agreement were not disclosed.
The chimeraplasty process uses Kimeragens patented chimeric oligonucleotide
molecules or "chimera" to produce single or multiple DNA base pair
changes in targeted genes to enhance gene expression. The application of this technology
in plants can lead to crops with increased pest and disease resistance, as well as
improved yield and product quality characteristics.
Chimeraplasty will be used by Pioneer in developing new seed corn products with enhanced
characteristics. This technology complements an on-going effort by Pioneer to invest in
and develop technologies that will enable Pioneer researchers to mine the corn genome,
thus leading to improved products that benefit customers.
"Our chimeraplasty technology is uniquely suited to achieve highly selective and
desirable changes in genes to yield improved genetic characteristics," said Bo Allen,
SVP, Market & Business Development of Kimeragen, Inc. "We are excited to begin
our first commercial collaboration with a partner of the caliber of Pioneer Hi-Bred. We
believe the agricultural applications of chimeraplasty have commercial value that is
equally as great as that of our molecular pharmaceutical business."
"The chimeraplasty technology fits well with our research and product development
effort," said Tony Cavalieri, Vice President of Trait and Technology Development at
Pioneer. "In particular, this technology will help us make targeted changes in genes
discovered through our Genome Project. We will continue to fulfill our commitment to our
customers to develop innovative and superior performing plant products."
Pioneer Hi-Bred International, Inc. is the worlds leading supplier of agricultural
genetics and is a leading integrator of agricultural technology. Headquartered in Des
Moines, Iowa, Pioneer develops, products, and markets a full line of seeds, microbial
products, and services to farmers, grain processors and other customers worldwide.
Kimeragen, Inc. is a privately-held company headquartered in Newtown, Pennsylvania,
engaged in the discover, development and marketing of unique products for human health,
plant and animal/veterinary applications. The company plans to commercialize many of these
applications through partnerships with global leaders in these fields.
Company news release
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