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2008-01-31 Manufacturing
News
First BASF Plant Science biotechnology agreement in China This is a first for BASF Plant Science group with China in biotechnology focusing on increasing yield in staple crops such as corn, soybeans and rice.
BASF Plant Science and the National Institute of Biological Sciences (NIBS) have announced a cooperation and licensing agreement in biotechnology. “Asia is emerging as a key player in plant biotechnology both in research and cultivation and we are striving to intensify partnerships in this dynamic region. Europe, on the contrary, is losing its competitiveness due to slow and contradictory political decisions,” said Dr. Hans Kast, President and CEO of BASF Plant Science. In October 2007, BASF Plant Science announced another cooperation agreement with the South Korean Crop Functional Genomics Center, CFGC. “NIBS was established in 2003 to advance the frontier of basic research in life sciences in China,” explained Professor Deng Xing Wang, plant biologist and one of two co-directors at NIBS. “We are very proud that our efforts in this area have lead to groundbreaking results in a little more than four years.”
Green biotechnology or also plant biotechnology is employed in the field
of agriculture. It is used in plant breeding, and focuses, for example,
on plants that are less susceptible to plant pests and diseases or those
that can be used as renewable raw materials. “Discoveries in yield increase like those made by NIBS will help meet booming worldwide demand for food and feed,” Kast and Deng agreed. Increasing yield in staple crops is a key target of modern agricultural research. In countries such as China, rising standards of living have caused meat consumption to increase by 300 percent in the past 20 years and the demand for animal feed has risen accordingly. At the same time, factors such as urbanization are reducing the amount of arable land in Asia. Under the agreement, BASF Plant Science obtains exclusive rights to develop and commercialize transgenic crops with the discovered genes outside China. NIBS retains the right to market crops in China. Financial details of the agreement have not been disclosed. About BASF Plant Science With the technologies that we have developed and the knowledge that we are currently gaining about plant genomes, we aim to be one of the world's leading plant biotechnology companies in a few years' time and to develop plants for
BASF is active in the field of white biotechnology and in plant biotechnology. We use white biotechnological methods in the field of fine chemistry and intermediates, in order to produce, for example, enzymes and chiral intermediates. In plant biotechnology we focus on the development of crop plants. For example, the plants should make more healthy nutrition possible due to improved ingredients. Other companies that participate in the research platform of BASF Plant Science:
About the National Institute of Biological Sciences, Beijing See all the Press Releases from BASF sites - Click Here Read a recent article about - Got a Cool Job in Biotechnology?- Get the word out today! Our Dedicated Portal Helps U- $ave
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