DuPont and Rosetta
Green Collaboration Aims to Identify Additional Modes of Action for
December 17, 2011
DuPont and Rosetta Green have entered
into a strategic research agreement to identify drought tolerance genes
in corn and soybeans.
Under the agreement, Rosetta Green will use proprietary technology and
bioinformatics capabilities to identify microRNAs. DuPont, through its
Pioneer Hi-Bred business, will test candidate genes in target crops.
Pioneer will have an exclusive commercial license for genes identified
through this collaboration which will improve drought tolerance in corn
and soybeans for farmers.
Financial terms of
the agreement were not disclosed.
“Drought can lead to losses for corn growers of up to $13 billion
annually,” said John Bedbrook, vice president, DuPont Agricultural
Biotechnology. “We are pleased to collaborate with Rosetta Green to
identify new genes leads which can help farmers protect yield and feed a
growing population, and build on our strong pipeline of leads for
Water is one of the most significant inputs for farmers. On average, 85
percent of corn acres experience some level of yield reduction due to
drought stress during the growing season. Improved drought tolerance in
corn and soybeans will enable growers across the world to increase
productivity while responsibly managing water resources.
are greatly honored by Pioneer's decisions to work with Rosetta Green,”
said Amir Avniel, Rosetta Green CEO. “Signing this agreement is a
significant milestone for the company and a vote of confidence in its
technology. We believe that microRNA genes have great potential in the
agriculture industry and in crop improvement.”
MicroRNAs are small RNA molecules in corn, soybeans and other plants.
They represent an additional mode of action to develop important trait
solutions in corn and other crops.
Rosetta Green Ltd (TASE:RSTG) has a database of microRNA genes which it
uses to develop improved plant traits using innovative genes called
microRNA. The company specializes in the identification and use of these
unique genes that function as "main bio-switches" to control key
processes in major crops such as corn, wheat, rice, soybean and more.
Rosetta Green's current trait development portfolio includes improved
abiotic stress tolerance, increased yield and improved nitrogen use