The Dow Chemical Company
) subsidiary - Dow AgroSciences - and
) have signed a manufacturing license and supply agreement, under
which, Sigma-Aldrich will make zinc finger nuclease (ZFN) reagents
for use with EXZACT Precision Technology. The financial terms of
the agreement were undisclosed.
Per the agreement, Sigma-Aldrich will act as exclusive manufacturer
and supplier of ZFN reagents for the platform. The EXZACT Precision
Technology is a multi-technology platform that helps in targeted
genome modification in plants. The technology is developed by Dow
AgroSciences for application in plants. Dow AgroSciences' platform
) ZFN technology, which the former has licensed for use in plants.
In their decision to integrate ZFNs into their seeds and traits
pipeline, Dow chose Sigma-Aldrich, based on the latter's expertise
in manufacturing ZFN reagents as part of the CompoZr platform and
its excellent reputation for servicing clients in the Life Sciences
Dow AgroSciences is committed to discovering, developing, and
bringing to market crop protection and plant biotechnology
solutions for the growing world. Recently, Dow AgroSciences has
launched a food security initiative in Africa in collaboration with
AMPATH, an Indiana University-led consortium.
Through the initiative, Dow AgroSciences and AMPATH will educate
the people in Africa to fight hunger by offering local farmers with
agricultural knowledge that will help them to improve their crop
yield and hence their quality of life.
Dow is a Zacks Rank #3 (Hold) stock.
A better-ranked stock in the chemical space is
Compass Minerals International Inc.
), carrying a Zacks Rank #1 (Strong Buy).
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