CropDesign and Stine Seed Company in Corn Collaboration
GENT, BELGIUM/ ADEL, IOWA, USA, July 8, 2002 - CropDesign N.V. (CropDesign) and Stine Seed Company (Stine) announced today that they have signed a corn collaboration agreement. The collaboration provides for testing certain enabling technologies from CropDesign's TraitMill in Stine's elite corn lines. Under the terms of the agreement, CropDesign will provide Stine with proprietary gene promoters and other enabling technologies, and Stine will carry out corn transformation, multiplication and greenhouse evaluation. CropDesign will also conduct protein and molecular characterization and will own the results of the collaboration. Stine Biotechnology receives a non-exclusive license to use the results in its own corn germplasm.
