Evogene signs multi-year collaboration agreement with IMAmt
Evogene and Instituto Mato-grossense do Algodao, a developer and marketer of cotton seeds, announced today a collaboration for the discovery and validation of novel genomic promoters to support IMAmt's product development of insect-resistant cotton varieties. The multi-year collaboration agreement between the companies provides for R&D fees and royalty payments from any future products developed as a result of the collaboration, to be paid to Evogene. As part of the collaboration, Evogene will apply its biology-driven, predictive computational technology to identify novel genomic promoters. The two companies will then work jointly to validate the candidate promoters in cotton. The resulting validated promoters will support IMAmt's product development pipeline of cotton varieties based on Bt toxins, a family of bacterial genes toxic to insects, and featuring resistance to Boll Weevil, a beetle-like pest which feeds on cotton buds and flowers.