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Bayer CropScience Licenses Texas Tech Cotton IP

NEW YORK (GenomeWeb News) – Texas Tech University’s technology commercialization arm has struck a license agreement with Bayer CropScience for genomics technology that will be used to develop cotton seed lines, the university said today.

The school said last week that the University System Office of Technology Commercialization licensed the technology, which was developed in the International Center for Excellence in Agricultural Genomics and Biotechnology, to Bayer under an exclusive agreement for an undisclosed sum.

Bayer aims to use the technology to develop commercial cotton seed lines that will be used to improve fiber properties, Texas Tech said.

The institute was developed using $1.9 million from the state’s $200 million Emerging Technology Fund.

“We have long enjoyed a close relationship with Texas Tech, and this new technology represents an important contribution to our efforts to deliver innovations in cotton,” Bayer CropScience’s GM, Mike Gilbert, said in a statement.

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