MBI gains licence to endophyte for drought tolerance
The US biopesticide company, Marrone Bio Innovations (MBI - Davis, California), has gained an exclusive licence to various uses of an unnamed plant endophyte from Brookhaven Science Associates, which manages the US Department of Energy's Brookhaven National Laboratory (Upton, New York). The deal grants MBI exclusive commercial development and marketing rights to horticultural uses of the endophyte in the US, Canada, Mexico, New Zealand, Australia and member states of the European Patent Organisation. The licensed properties are directed at promoting increased yield and providing drought tolerance. MBI is developing several products aimed at promoting growth through reduced water loss. They are expected to be the first of their kind on the market. Earlier this year, MBI gained a licence from the Japanese Kao Corporation for an active ingredient aimed at boosting yields through stress resistance (Agrow No 682, p 2).