Dow AgroScience, Arcadia Biosciences, Bioceres To Commercialize Soybean Traits

(RTTNews) - Dow AgroSciences LLC, a wholly owned subsidiary of Dow Chemical Co. (DOW), Arcadia Biosciences, Inc. and Bioceres, S.A. Tuesday announced an agreement to develop and commercialize innovative traits in soybeans. Financial details of the collaboration were not disclosed.

Under the collaboration, the companies will develop new soybean traits using Dow AgroSciences' Exzact Precision Technology platform to generate soybean trait stacks. Soybeans are grown on more than 110 million hectares globally, and are the world's fourth-largest crop.

The collaboration will leverage Dow AgroSciences' technology, regulatory expertise, and commercial seed capabilities with a leading soybean abiotic stress platform and unique grower relationships in South America represented by Verdeca LLC, a joint venture between Arcadia and Bioceres.