Barton, ACT, Australia and
Saskatoon, Saskatchewan, Canada
September 28, 2005
Canadian company Philom Bios
Inc. has been chosen by the
Grains Research and Development Corporation (GRDC) to
evaluate and commercialise a number of novel inoculant
technologies.
Announcing the signing of an agreement with the company, GRDC
executive manager for business development, Vince Logan, said
accessing the help of Philom Bios Inc was consistent with the
GRDC’s objective of delivering a return to its grain grower
stakeholders on its investment in soil inoculant research.
“As part of its research program into soil biological health,
the GRDC has invested across a number of research institutions
in R&D to develop a suite of new biological inoculants for
cereal and canola growers,” Mr Logan said.
“These new inoculants are designed to increase profitability and
sustainability through soil disease control and to provide
growth promotion effects. Philom Bios was selected through an
advertised expression of interest, followed by a detailed
assessment and negotiation process.
“Philom Bios is a world leading inoculant company, with more
than 70 employees across North America in a wide range of
research, manufacturing, marketing and management positions.
“Headquartered in Saskatoon, Saskatchewan, Philom Bios is a
Canadian public company serving the needs of farmers with
high-value inoculants. The company’s record is of more than 20
years of commitment to farmers through a dynamic partnership
with distributors and leading retailers,” Mr Logan said.
Sanford Gleddie, Vice President, Research and Business
Development of Philom Bios Inc, said his company was delighted
to be working with the GRDC.
“Some time ago we identified three key inoculant technology
platforms that we believe can bring tremendous value to
farmers,” Mr Gleddie said.
“This agreement with the GRDC is consistent with that strategy,
and will help accelerate the launch of our next generation of
MultiActionTM inoculants.
“The GRDC is one of the world's leading grains research
investment organisations, funded by grain growers and
government, and is responsible for planning, investing and
overseeing research and development, delivering improvements in
production, sustainability and profitability across the
Australian grains industry,” Mr Gleddie said. |