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Markets :: Fine Chemicals/Biotech :: Seeds and traits
Bayer CropScience, Evogene Reach Milestone in Wheat Development Deal
10:35 AM MDT | September 26, 2011 | Rebecca Coons
Approximately 25% of global agricultural land is used for wheat cultivation, making wheat the largest food crop worldwide in terms of area. Bayer CropScience and Evogene (Rehovot, Israel) say they have identified 200,000 single-nucleotide polymorphisms (SNP) across the wheat genome, the first milestone in their previously announced joint research collaboration to develop wheat varieties that are higher-yielding, drought-tolerant, and require less fertilizer. Under the terms of a 2010 agreement, Bayer paid $20 million to Evogene upfront as well as undisclosed...
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