Bayer/Performance Plants ink HDT deal
Bayer CropScience and the Canadian agricultural biotechnology company, Performance Plants Inc (PPI – Kingston, Ontario), have agreed a licensing deal covering PPI’s heat and drought tolerance technology (HDT) in cotton. The two companies already have a commercial agreement, signed in 2009, covering the use of PPI’s yield protection technology (YPT) platform in Bayer’s programme to develop drought-tolerant cotton. YPT does not impose a yield drag under well-watered growing conditions. PPI technologies target different mechanisms such as heat and drought tolerance, water use efficiency, yield enhancement, and biomass accumulation, and these traits can be stacked into a single plant variety for genetic and agronomic improvements of all staple crops, PPI points out. PPI also has licensing deals for its HDT technology with several Chinese seed companies, including Biocentury Transgene for use in cotton ( Agrow No 629, p 27).