Agreement made to co-research and develop animal health products

Burnaby, BC and Indianapolis, IN – Agrisoma Biosciences and Dow AgroSciences have announced a collaboration agreement to research, develop and commercialize animal health products using Agrisoma’s patented ACE system. Under the terms of the agreement, Agrisoma will apply its gene delivery and expression technology with Dow AgroSciences plant systems. Financial details of the agreement, which include upfront and milestone payments, research funding and royalties, were not disclosed.

“This alliance with Dow AgroSciences is important to Agrisoma because it validates the growing interest in the market for selecting the ACE System as a robust and innovative tool to transfer and express genes in plant systems,” says Tom Mamic, Agrisoma president and CEO. “This is the first commercial agreement whereby the ACE system is being employed in a plant-based application."