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Amfora Licenses Corteva’s Intellectual Property to Increase Protein in Food Products
Agriculture biotechnology startup Amfora recently obtained a commercial license from Corteva Agriscience that gives it the green light to use gene-editing tools, including CRISPR-Cas9 . Amorfa’s agreement with Corteva and the Broad Institute of MIT and Harvard also covers its ability to conduct research in using the gene-editing tool to produce plant-based foods with enhanced protein. The USDA currently does not regulate plants using traditional breeding techniques under its biotechnology protocol.
This license agreement is important for agrochemical companies to note as biotechnology continues to be a threat in the industry that can provide more competition and less need to use pesticides, fungicides and other agrochemical products. However, strategic partnerships with these types of companies may prove beneficial for agrochemical companies in reducing competition while validating the need for agrochemical products.