Corteva Agriscienceand Elemental Enzymes, alife sciences companythat developsnovel biotechnology and enzymes solutions, announced today a multi-yearglobalagreement around aunique abiotic stress mitigation technology.Through the agreement, Corteva receives an exclusive license to Elemental Enzymes’s Waterflux®technology.
The optimized osmoprotectantblend provides plants with small organic molecules that help crops overcome abiotic stressors such as soil salinity, drought, and extreme temperatures, helping keep them productive and healthy.Corteva will offer this technology through a family of products to be branded under the name Sosdia™ Abiotic Stress Mitigator/Biostimulant.
Two different products and formulations will be offered for a broad range of crops,including specialty and row crops, sugar cane, and turf and ornamental, as well as range and pasture. Pending appropriate registrations,Corteva will launch theproducts globally, excluding Australia and New Zealand territories.
“Thisagreementis another demonstrationofCortevaAgriscience’s commitment to providefarmersbiological solutionsthat offer proven, predictable performance incomplement withour broad portfolioof conventional crop protection and seed solutions,as well as digital tools,” said Rajan Gajaria, Executive Vice President, Business Platforms, Corteva Agriscience.
“We’re pleasedto work with Elemental Enzymes to help farmers access new and innovative solutions that enhance plant resilience and growth under challenging environmental conditions,helpingkeep crops productive and healthy.”
“Weareexcited to partnerwith CortevaAgriscience to deliver a new tool to growers that helps managewater related stressesand increase water use efficiency inboth the row crop and specialty crop markets,”said Brian Thompson, Chief Executive Officer of Elemental Enzymes.“Crops around the world are increasingly exposed to water and drought stresses that rob growers of yield. Waterflux®Technology allows growers to both maximize their water usage and protect against adverse conditions for their farms.
”Corteva’s model for developing its best-in-class Biologicals portfolio combines external innovation, R&D collaboration, licensing, and distribution. This agreement shows howCorteva collaborates with leading companies to accelerate commercializing customer-centered innovations.
Waterflux®technology fromElemental Enzymeswill provide valuethroughSosdia™ Abiotic Stress Mitigator/Biostimulantsto improve consistencyunder environmental stress and enhancing yield potential and sustainability, in line with the Corteva Agriscience 2030 Sustainability Goals.
Terms of the agreement were not disclosed.
Ακολουθήστε το Agrocapital.gr στο Google News και μάθετε πρώτοι τις ειδήσεις