Large Scale Biology Corporation and Growers Research Group in Crop Protection Collaboration

28-Aug-2003
Large Scale Biology Corporation (LSBC) announced a collaborative agreement with Growers Research Group, LLC (GRG) of Monterey County, California to research and develop a non-genetically modified organism (non-GMO) product to control plant pests. Financial terms were not disclosed, but the contract provides funding for gene expression vector development and methods of plant delivery as well as provisions for future ownership and licensing by the collaborators. Scientists will employ LSBC's proprietary GENEWARE® technology to develop vectors expected to combat various diseases in perennial plants In recent years, GRG has funded a multimillion-dollar research initiative at LSBC's Vacaville, California laboratories to develop new treatments for bacterial infections of certain crops. LSBC President Kevin J. Ryan characterized the latest agreement as "an alliance with the promise of near-term product benefits and lasting commercial rewards for all parties." Mr. Ryan said, " The ongoing series of successful LSBC contracts with Growers Research Group demonstrates continued validation of the unique capabilities of the GENEWARE® system. We are looking forward to the successful achievement of GRG's important goals." Richard Smith, Managing Member of GRG, characterized the agreement as "an exciting extension of our valued relationship with LSBC." He said, "This new agreement should help advance GRG's timeline by improving our ability to treat crops against various diseases."

Other news from the department business & finance

Most read news

More news from our other portals

Fighting cancer: latest developments and advances