NEW YORK (GenomeWeb News) – Keygene said today that it has signed a long-term contract with Semillas Fitó under which it will develop and integrate its molecular tools into the plant-breeding company's programs.
Keygene set the agreement through its InnovatorsClub, which is a collaboration platform for small and mid-sized plant breeding companies that gives them access to Keygene's molecular breeding technologies, software platforms, and experience. This agreement is the first in Keygene's new field crop consortium.
Barcelona-based Semillas Fitó plans to use the Keygene technologies to speed up its breeding processes and to lower costs and develop new plant varieties.
"This is an excellent opportunity to enhance our molecular biotech activities in Maize," explained Eduard Fitó, who is CEO of Semillas Fitó, in a statement. "Merging the current knowledge and expertise of both companies can give a lot of synergy to our crops."
Financial terms of the agreement were not released.