Frontier Agri-Science Inc. (Frontier) and Biogemma are pleased to announce the signing of an agreement to develop novel drought-tolerant crop technologies in corn and wheat. Under the agreement, Frontier will license a portfolio of promising technologies to Biogemma and the two parties will work together to evaluate their potential for increasing crop yields under water-limited growth conditions.
The license agreement also includes a partnership strategy and terms for global marketing of successfully developed technologies.
“We are very excited to enter into this agreement with a firmly established global industry leader such as Biogemma,” said Frontier President and CEO, Dr. Julian Northey. “We feel that Frontier and Biogemma share a common recognition of the importance of biotechnological advances and a responsible commercial strategy as part of a sustainable solution to increasing global food demand.”
"We have been convinced by the high quality of Frontier research at a time where biotech companies are more technologically driven than based on understanding fundamental biology," said Olivier Dugas, CEO of Biogemma. "Drought stress is a major target for corn and wheat research today and our agreement is an important part of Biogemma and its shareholders’ global trait strategy, enriching our Drought technology portfolio to support farmers’ work via efficient crop solutions in a climate change context".
Frontier is a Canadian agricultural technology company founded in 2009 and is based in Ottawa, Ontario, Canada. The company is focussed on developing and marketing novel crop technologies to aid the agricultural sector in keeping up with increasing global food demand and to increase crop production and stability in regions frequently impacted by drought, heat and/or cold. More information about Frontier can be found online at www.frontier-agri-science.co
Biogemma is a leading biotech company in Europe involved in Applied Genomics and GM activities in Field crops. Result of the merger of the biotech activity of three major seed companies, Vilmorin & Cie (Limagrain Group), Euralis and RAGT, with the help of two financial institutions Sofiproteol and Unigrains and the support of the technical agency Arvalis, the company is developing R&D programs with its partners, in field crops (Corn, Wheat, Sunflower and Oilseed rape), focused on yield improvement, biotic and abiotic stress resistance and specialty grain compounds.