Arcadia BioSciences, Dow AgroSciences To Collaborate To Develop Corn Traits

(RTTNews) - Arcadia Biosciences, Inc. (RKDA) and Dow AgroSciences LLC, a wholly owned subsidiary of Dow Chemical Co. (DOW) said they have formed a strategic collaboration to develop and commercialize new breakthrough yield traits and trait stacks in corn. Specific financial details of the collaboration were not disclosed.

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.

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.