Monsanto and BASF Collaborate on New Traits

Joint research and development commercialization collaborations have a potential joint budget of $1.5 billion.

Published on: Mar 21, 2007

Two joint research and development and commercialization collaborations by Monsanto and BASF will focus on the discovery and development of new trait technologies for farmers.

Under the first collaboration, the two companies will dedicate a joint budget of potentially $1.5 billion to fund a dedicated pipeline of yield and stress tolerance traits for corn, soybeans, cotton and canola. The collaboration aims to accelerate the discovery of next-generation technologies for the farm; effectively broadening the available pipeline of yield and stress technologies.

Under the second collaboration, the companies announced that they will research methods to control the soybean cyst nematode, a parasitic worm that can limit and destroy yields for soybean farmers.

For more, see Monsanto's websites at www.monsanto.com/monsanto/layout/BASF/default.asp.