INDIANAPOLIS, US/ADELAIDE, AUSTRALIA: Dow AgroSciences, a wholly owned subsidiary of Dow Chemical Company and the Australian Centre for Plant Functional Genomics (ACPFG) have entered into a crop improvement research, option, and license agreement to discover and develop new traits for crop improvement. Both ACPFG and Dow AgroSciences will utilize their trait discovery and development capabilities to create plants with improved environmental stress response and agronomic performance. Financial terms of the agreement were not disclosed.
“As a leader in plant genetics and genomics research, ACPFG has key capabilities in understanding the basic mechanisms of how plants respond to stress. Together, we have the potential to bring valuable new solutions to the agricultural market and farmers around the world,” said Daniel R Kittle, PhD, Global Leader, Research & Development, Dow AgroSciences.
“Dow AgroSciences is a significant company in grain development and production. This collaboration will mean that Australian growers have greater access to international resources and know-how. It will help us to ensure food-security and manage the adverse effects of climate variability,” said Dale Baker, the Chairman of ACPFG.
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