NEW YORK (GenomeWeb News) – KeyGene today said that BASF Plant Science, the plant biotech unit of chemical giant BASF, had licensed the rights to KeyGene’s intellectual property covering genes that confer resistance to plant pathogens, such as insects, fungi, and nematodes.
 
Under the agreement, BASF Plant Science will make milestone payments to KeyGene during the development phase and royalty payments based on commercialized crops.
 
Further details were not disclosed.

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