Dow AgroSciences, Radiant Genomics Deal Expands

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INDIANAPOLIS -

Indianapolis-based Dow AgroSciences Inc. is expanding a research partnership with a company headquartered in California. The agreement includes additional use of Radiant Genomics Inc. technology.

The companies call the initial collaboration, announced last April, a success. Dow AgroSciences Vice President of Research and Development Daniel Kittle says "expanding our collaboration with Radiant Genomics is an important next step in leveraging the power of our collective expertise in natural products. I'm confident our work will translate into new sustainable solutions to address the expanding need for food production across the planet."

Radiant Genomics says its technology will be used throughout Dow AgroSciences' crop protection and seed research organizations."We see the expansion of this collaboration as a strong validation of our technology, team, and approach,” said Chief Scientific Officer Jeffrey Kim.

Last week, DuPont (NYSE: DD) and Dow AgroSciences' parent The Dow Chemical Co. (NYSE: DOW) announced Indianapolis will serve as one of two Global Business Centers of a new agriculture company that would form as a result of a planned $130 billion merger. Full details of the plans have not yet been released, but the new ag company will be the largest of its kind in the world and be one of three publicly-traded, independent businesses that would spin-out if the merger is complete. Though Delaware landed the headquarters of the estimated $18 billion ag company, Indiana could've lost a piece of the action entirely. The plans call for the Indy center, which will be located at the current Dow AgroSciences campus, to focus on crop protection. Dow AgroSciences employs approximately 1,400 in the state.

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