NEW YORK, Nov. 29 – Exelixis said Thursday it had delivered four crop protection targets to Dow AgroSciences under a collaboration deal signed one year ago.
Exelixis of South San Francisco used its Mechanism of Action technology to identify the molecular target of biologically active herbicide and fungicide compounds provided by Dow AgroSciences of Indianapolis.
Exelixis will receive milestone payments as a result of the discovery.
"We are eager to move these targets forward to the next phase of lead discovery," Dan Kittle, vice president of Ag Chem and Urban Pest R&D at Dow AgroSciences, said in a statement.
"Dow AgroSciences is confident that this collaboration will continue to efficiently identify high quality targets, which will enable us to speed the discovery and development of new fungicides and herbicides of value to agriculture," he said.
Dow AgroSciences is a wholly owned subsidiary of the Dow Chemical Company.