US-Germano pact to transform soy

- Last updated on GMT

Related tags: Soybean

US Phytodyne and BASF Plant Science - the plant biotechnology
subsidiary of German chemical giant BASF, have signed a long-term
research collaboration focused on the development of a new soybean
transformation system to accelerate commercialisation of soybean
traits.

BASF Plant Science, the plant biotechnology subsidiary of German chemical giant BASF, has signed a long-term research collaboration with US company Phytodyne and focused on the development of a new soybean transformation system to accelerate commercialisation of soybean traits.

BASF Plant Science will support research and development on RetroGene, a novel plant transformation system, first discovered and developed by Phytodyne that, claim the two companies, can provide a more cost-effective means of plant transformation to be used on a wide range of crops.

"Phytodyne's collaboration with BASF Plant Science will leverage each company's unique technology and expertise,"​ said Jon Leafstedt, Phytodyne president. "BASF Plant Science has a strong research program to develop valuable soybean traits and Phytodyne has the technology to put those traits into soybean plants more effectively than traditional transformation methods,"​ he added.

Dr. Jürgen Logemann, vice president Technology Management of BASF Plant Science, supporting Leafstedt`s words, said:"Our capabilities to develop important seed traits, coupled with Phytodyne's​ technology for soybean transformation, will provide BASF Plant Science with a significant competitive advantage in creating commercially valuable soybean varieties."

Financial terms of the agreement were not disclosed.

Related topics: Market Trends

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