Plant Impact plc has signed an agreement with Bayer CropScience to develop yield enhancing technologies for soy cultivation. The agreement encompasses a multi-year partnership for Plant Impact to develop, and Bayer CropScience to potentially commercialize, new products in the soy markets of the Americas, including Brazil, the United States and Argentina.
The agreement supplements the August 2014 agreement between the parties, whereby Bayer markets Veritas, a Plant Impact developed product that improves the soy plant’s capacity to fix pods and fill grains at critical growth stages. This new agreement extends the initial period of the Brazil Veritas agreement to 10 years and also grants Bayer CropScience exclusive first rights of commercialization over Plant Impact’s current and future pipeline of products for soybeans throughout the Americas.
“Our objective is to offer soy growers a complete, integrated solution, from planting through harvest,” says Hartmut van Lengerich, Bayer CropScience head of cereals and fungicides. “Building on our platform of trusted crop protection and seed products, we aim to further complement our soy program with new technologies to increase yield.”
