Combined Expertise Accelerates Bringing New Trait Stacks to Market
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Under the collaboration, the companies will jointly develop and commercialize agronomic yield traits, such as nutrient efficiency and water use efficiency, including several traits which have already completed advanced field trials in corn conducted by Dow AgroSciences. These traits would then be combined with Dow AgroSciences’ input traits to create highly competitive trait stacks that maximize farmer revenue and efficiency.
The collaboration will also utilize Dow AgroSciences’ EXZACT™ Precision
Technology Platform to enhance and accelerate the development of trait
stacks. Dow AgroSciences has developed the EXZACT™ Precision Technology
Platform under an exclusive license and collaboration agreement in
Certain development costs will be co-funded under the collaboration agreement, and the commercial value of resulting traits in corn will be shared by Arcadia and Dow AgroSciences.
“This collaboration reflects the unique nature of Arcadia’s business
model, expanding our access to new technologies in new markets with an
established leader in agriculture. Dow AgroSciences is one of the most
respected names in our industry, with a strong position in corn input
“Developing crops with enhanced agronomic performance is technically
difficult, making relationships with companies like Arcadia important as
we rise to the challenge and advance technology that will help meet the
needs of the future,” said
“Dow’s experience in the corn market, coupled with its rich pipeline of insect resistance and herbicide tolerant traits, are a perfect complement to Arcadia’s agronomic yield and stress tolerant traits,” Rey added. “Together, we can accelerate the development of robust trait stacks that deliver significant added value to growers.”
Specific financial details of the collaboration were not disclosed.
About Dow AgroSciences
Dow AgroSciences discovers, develops, and brings to market crop
protection and plant biotechnology solutions for the growing world.
®™Trademark of The
Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995,
including statements relating to Arcadia’s strategic partnership with
Dow AgroSciences to develop and commercialize corn traits.
Forward-looking statements are subject to risks and uncertainties that
could cause actual results to differ materially, and reported results
should not be considered as an indication of future performance. These
risks and uncertainties include, but are not limited to: Arcadia’s and
its partners’ and affiliates’ ability to develop commercial products
incorporating its traits, including agronomic yield traits in corn, and
complete the regulatory review process for such products; Arcadia’s
compliance with laws and regulations that impact the company’s business,
and changes to such laws and regulations; Arcadia’s future capital
requirements and ability to satisfy its capital needs; and the other
risks set forth in Arcadia’s filings with the
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