World Agrochemical Network Chinese website reported: Lavie Bio, a subsidiary of Evogene, is a leading agricultural biologics company that develops new products based on microbiome and algorithm-driven biostimulants and biopesticides. The company recently entered into a license agreement with Corteva, which exclusively authorizes Corteva to further develop and commercialize Lavie Bio's leading biofungicide product candidates against fruit rot and powdery mildew. The two companies previously conducted two years of independent field trials.
Fruit rot and powdery mildew are two of the most devastating diseases affecting grapes, fruits and vegetables, with global losses estimated to be in the billions of dollars annually. Fruit rot pathogens, such as Botrytis cinerea, can damage infected plants after coming into contact with them. Powdery mildew spores, on the other hand, can spread rapidly from plant to plant by wind.
The agreement is part of Lavie Bio's strategic cooperation with leading global companies, aiming to make its developed products available to farmers around the world, and Corteva, with its proven agrobiology technology, will leverage Lavie Bio's product candidates to achieve commercial success. The partnership reflects the two companies' commitment to providing farmers with environmentally friendly, sustainable and proven tools.
Amit Noam, CEO of Lavie Bio, said: "Our license agreement solidifies the collaboration between the two companies, leveraging Corteva's massive expansion capabilities and market leadership, combined with Lavie Bio's unique expertise powered by Evogene's MicroBoost AI and comprehensive product development technology. This agreement not only highlights Lavie Bio's technology, but also enables us to rapidly launch breakthrough agricultural bio-solutions that benefit farmers, consumers and the environment."
Sam Eathington, Executive Vice President, Chief Technology and Digital Officer, Corteva said: "Having a world-class R&D program enables rapid access to new opportunities to help farmers meet changing food needs. This agreement provides us with another pathway , to provide farmers with better solutions.”
Source: AgroPages
