Milestone Achievement Continues for Dow AgroSciences and Agriculture Victoria
December 07 2016 - 8:00AM
Business Wire
Forage Development Advancing via EXZACT™
Precision Technology Platform
New and innovative forage products are on the horizon driven by
continued collaboration between Dow AgroSciences, a wholly owned
subsidiary of The Dow Chemical Company (NYSE: DOW), and Agriculture
Victoria, Australia. Dow AgroSciences works on a variety of
projects with Agriculture Victoria through its commercial arm,
Agriculture Victoria Services Pty Ltd. (AVS), and today announces
that AVS is taking a commercial license to the EXZACT™ Precision
Technology Platform to continue the development and
commercialization of new forage grass varieties to benefit farmers
in Australia and around the world.
The commercial license agreement focuses on the development of
forage grass varieties and associated fungal endophytes developed
using precision genome editing technologies. It builds on the major
Research License Agreement AVS has with Dow AgroSciences to conduct
research using the company’s proprietary EXZACT™ Technology. The
announcement of a milestone commercial license between Dow
AgroSciences and AVS recognizes the advances Agriculture Victoria
has made researching and developing innovative forage products
using this gene editing platform that Dow AgroSciences has
developed under an exclusive license and collaboration agreement in
plants with Sangamo BioSciences, Inc.
“Our focus is on the farmer, and this commercial license
validates the broad application of the EXZACT™ technology that can
translate into new products for farmers around the world, and also
illustrates the power of collaboration to advance technology,” said
Daniel R. Kittle, Ph.D., vice president, Research and Development,
Dow AgroSciences.
“Our most productive collaboration with Dow AgroSciences has
enabled the development of a suite of innovations for crop
improvement. It has also provided us with access to the EXZACT™
technology for its application in forage grasses with global reach,
to deliver benefits on-farm to dairy, beef and sheep industries,”
said Professor German Spangenberg, Agriculture Victoria’s Executive
Director Biosciences Research.
About Agriculture Victoria and AVS
Agriculture Victoria works with industry, primary producers,
urban and regional communities to improve livability and drive
sustainable economic growth in the food and fiber sectors in
Victoria, Australia. Dow AgroSciences works with Agriculture
Victoria through its commercial arm, Agriculture Victoria Services
Pty Ltd.
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 $6.4 billion in 2015. Learn more at www.dowagro.com.
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®™Trademark of The Dow Chemical Company (“Dow”) or affiliated
companies.
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version on businesswire.com: http://www.businesswire.com/news/home/20161207005129/en/
Dow AgroSciencesKenda Resler Friend,
317-337-4743kresler@dow.comorAgriculture VictoriaJen Bladon-Clark,
+613 9032 7186jen.bladon-clark@ecodev.vic.gov.au
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