Precision BioSciences and Agrivida announce collaborative trait development agreement

| March 11, 2014

In North Carolina, BioSciences and Agrivida have entered into a trait development collaboration based on precise gene modifications made possible by Precision’s Directed Nuclease Editor Technology. The collaboration recently delivered the first modified genes that are the subject of Agrivida commercialization efforts in the area of animal nutrition. Financial and other terms were not disclosed. “The efficiency, ease-of-use, and the demonstrated utility of the technology confirm the important role that precise genome engineering will have in the future of agricultural biotechnology,” says Mike Lanahan, Agrivida VP of Business Development, Animal Nutrition. “Agrivida anticipates ongoing trait development using the technology in the collaboration with Precision.”

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