Dow Agro ZFN pact has new sub-licensee

Dow Agro ZFN pact has new sub-licensee

From the Dow Agro press release dated 3-19-2015


Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE: DOW), recently entered into a Memorandum of Understanding (MoU) for a collaborative research relationship with the Chinese Academy of Agricultural Sciences (CAAS). Under the MoU framework, Dow AgroSciences and CAAS will negotiate a license to Dow AgroSciences’ proprietary EXZACT™ Precision Technology platform and toolkit and collaboratively develop a proposed research program with mutual development goals. Dow AgroSciences and CAAS scientists will also work together to make sure that Dow AgroSciences’ expertise is best combined with CAAS’ expertise to accelerate rice research and product development in China. This is part of Dow AgroSciences’ commitment to providing innovative and sustainable solutions to bolster food security and food safety in China.
“We are excited to work with CAAS, a world-renowned agricultural science research organization,” said Tim Hassinger, President and CEO of Dow AgroSciences. “Dow AgroSciences has a long-term commitment in China as a strategic partner for agricultural sustainability and best practices. The proposed EXZACT™ Precision Technology collaboration with CAAS is a strong example of this commitment, which will significantly enable Chinese scientists to improve rice research and product development, thus benefiting China’s long term food security.”
Dow AgroSciences will offer to license its proprietary EXZACT™ Precision Technology platform to CAAS through the academy’s Institute of Crop Sciences. Dow AgroSciences has developed the EXZACT™ Precision Technology platform under an exclusive license and collaboration agreement in plants with Sangamo BioSciences, Inc. The EXZACT^TM Precision Technology platform can enable CAAS scientists to capitalize on the significant investment in rice genomics, transcriptomics, proteomics, cell biology and molecular breeding to accelerate the creation of new rice varieties with improved performance for China.