Biotech Updates

Dow AgroSciences and Agrisoma Biosciences Ink R&D Pact

December 4, 2009

Dow AgroSciences LLC announced that it has signed a research and commercial license option agreement with Agrisoma Biosciences, Inc for agricultural crops. The agreement provides Dow AgroSciences with access to Agrisoma's Engineered Trait Loci (ETL) technology on an exclusive basis in canola, soy bean, corn, wheat, and rice and on a non-exclusive basis in other crop species. The ETL technology can stack up various traits and genes in any crop species. It has been used to engineer oil composition, oil content and yield for the renewable energy market and ETL-engineered crops are now undergoing a second year of field trials at multiple locations. Financial details of the deal were not disclosed.

The media release is available at http://www.dowagro.com/newsroom/corporatenews/2009/20091201a.htm