IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Seeds and traits

DuPont Acquires Rights to Crop Development Technology

12:41 PM MST | February 12, 2008 | CW Editorial Staff

DuPont says it has formed a collaboration with Precision BioSciences (Research Park Triangle, NC) under which DuPont’s Pioneer Hi-Bred business gains rights to Precision’s proprietary directed nuclease editor (DNE) technology to “accelerate product development” in corn, soybeans, and other crops. Financial terms were not disclosed. DNE technology enables scientists to insert, remove, and stack multiple traits and pre-selected sites in the plant genome, shortening the time it takes to bring new products to market, DuPont says. “To...

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