Dow AgroSciences, Arcadia Biosciences and Bioceres Collaborate to Develop and Commercialize Soybean Traits
April 28 2015 - 8:00AM
Business Wire
Leading Crop Protection and Yield Traits
Companies to Accelerate Soybean Progress for Farmers
Dow AgroSciences LLC, a wholly owned subsidiary of The Dow
Chemical Company (NYSE: DOW), Arcadia Biosciences, Inc. and
Bioceres, S.A. announced today an agreement to develop and
commercialize innovative traits in soybeans. The collaboration
leverages Dow AgroSciences’ technology, regulatory expertise, and
commercial seed capabilities with a leading soybean abiotic stress
platform and unique grower relationships in South America
represented by Verdeca LLC, a joint venture between Arcadia and
Bioceres.
Under the collaboration, the companies will develop new soybean
traits using Dow AgroSciences’ EXZACT™ Precision Technology
platform to generate soybean trait stacks. These stacks will
combine Verdeca’s agronomic performance and product quality traits
with Dow AgroSciences’ herbicide-tolerant and insect-resistant
traits. The EXZACT Precision Technology platform will facilitate
the development of multiple trait stacks with greater degrees of
precision and speed-to-market. This collaboration is expected to
result in products that provide soybean growers around the world
with unique and powerful options to achieve greater yields and
improved on-farm economics. Dow AgroSciences has developed the
EXZACT Precision Technology platform under an exclusive license and
collaboration agreement in plants with Sangamo BioSciences,
Inc.
This advancement comes at a time when soybeans are grown on more
than 110 million hectares globally, and are the world’s
fourth-largest crop. Growth in global population, combined with
more people joining the middle-class in countries such as China and
India, creates an ever-increasing demand for dietary protein from
soybeans.
“Soybean farmers are looking for productivity, and this
collaboration holds great promise for the technology we can offer
them,” said Tim Hassinger, president and CEO of Dow AgroSciences.
“Our own expertise, combined with Arcadia’s leadership position in
abiotic stress traits and Bioceres’ strong relationship with large
soybean growers, presents a unique opportunity for greater
yields.”
“As more traits become available to be integrated into superior
seed products, seed companies and trait collaborators face the
challenge of deploying these solutions in a time-effective and
cost-efficient manner. This collaboration will help us meet this
challenge by deploying validated agronomic and crop protection
technologies through the EXZACT platform, precisely stacking traits
which could speed-up technology integration,” said Federico Trucco,
CEO of Bioceres.
“Dow AgroSciences is one of the most respected names in our
industry, with a traits pipeline that is second to none,” said Eric
Rey, president and CEO of Arcadia Biosciences. “The
open-architecture of the Dow AgroSciences/Arcadia/Bioceres
collaboration is the first of its kind, and represents the future
of efficiently packaging and delivering a complete suite of high
value traits to growers.”
Financial details of the collaboration were not disclosed.
About Dow AgroSciences
Dow AgroSciences discovers, develops, and brings to market crop
protection and plant biotechnology solutions for the growing world.
Based in Indianapolis, Indiana, USA, Dow AgroSciences is a wholly
owned subsidiary of The Dow Chemical Company and had annual global
sales of $7.3 billion in 2014. Learn more at www.dowagro.com.
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About Arcadia Biosciences
Arcadia Biosciences develops agricultural products that create
added value for farmers while benefitting the environment and
enhancing human health. Arcadia’s agronomic performance traits,
including Nitrogen Use Efficiency, Water Use Efficiency, Salinity
Tolerance, Heat Tolerance and Herbicide Tolerance, are all aimed at
making agricultural production more economically efficient and
environmentally sound. Arcadia’s nutrition traits and products are
aimed at creating healthier ingredients and whole foods with lower
production costs. For more information, visit
www.arcadiabio.com.
About Bioceres
Bioceres is a fully integrated agricultural biotechnology
company utilizing multiple technology platforms to develop and
commercialize products that enhance crop productivity and expand
feedstock applications. The company is owned by more than 250 of
South America’s largest growers. Bioceres is a major shareholder of
INDEAR (Institute of Agricultural Biotechnology of Rosario) and
Bioceres Semillas. For more information visit
www.bioceres.com.ar.
About Verdeca
Verdeca, a U.S.-based joint venture between Bioceres and Arcadia
Biosciences, develops and deregulates soybean varieties with
next-generation agricultural technologies. Working in partnership
with South American growers, Verdeca provides technologies that
help increase crop productivity, making more efficient and
sustainable use of land and water resources. For more information
visit www.verdeca.com.
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Arcadia BiosciencesJeff Bergau,
312-217-0419jeff.bergau@arcadiabio.comorBioceresLaura
Amelong, 54-341-4861100laura.amelong@bioceres.com.arorDow
AgroSciences LLCKenda Resler Friend,
317-337-4743kresler@dow.com
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