Regulatory News:
Cellectis plant sciences, the plant genome engineering company and
subsidiary of Cellectis (Paris:ALCLS), today announced that it has
signed a research and commercial agreement with Bayer CropScience AG, a
subsidiary of Bayer AG and a leader in crop protection, non-agricultural
pest control, seeds and plant biotechnology, to collaborate on the use
of meganucleases in plants. The aim of this agreement is to develop
commercial products for the agricultural seed markets using new breeding
techniques such as gene stacking and targeted mutagenesis, two
approaches key to the development of agricultural products.
Cellectis and Bayer CropScience have collaborated since 2006 in the area
of plant genome engineering under a research and evaluation agreement to
assess the value for commercial applications of the Meganuclease
technology. Following the successful evaluation of the use of
meganucleases in plant cells, the companies have decided to extend the
partnership into a framework research and commercial agreement. Under
the terms of the new agreement, Cellectis plant sciences will provide
Bayer CropScience with custom-designed meganucleases for plant genomes,
to introduce targeted modifications to selected genes and genomes.
"This new agreement enhances the relationship with Bayer CropScience,
a leader in the field of Agbiotech. It will enable innovative and
impactful products to key seed markets,” said André Choulika,
Chairman and CEO of Cellectis Group. "The extension of our
relationship provides validation for our technology platform and
demonstrates our ability to deliver significant value to plants
sciences.”
Financial terms of the agreement have not been disclosed.
About
Cellectis plant sciences
Established in March 2010, Cellectis plant sciences is a subsidiary of
Cellectis dedicated to the applications of meganucleases in plants. Its
main mission is to increase and accelerate usage of Cellectis’
proprietary technology in agricultural biology, broaden the company’s
platform to attract new and expanded licensing opportunities and explore
the development of proprietary traits for selected applications.
Cellectis plant sciences is located in Saint Paul, Minnesota, USA.
Professor Daniel Voytas, Chief Scientific Officer of Cellectis plant
sciences, is also Director of the University of Minnesota Center for
Genome Engineering.
About Cellectis
Cellectis improves life by applying its genome engineering expertise to
a broad range of applications, including agriculture, bioresearch and
human therapeutics. Cellectis is listed on the NYSE-Euronext Alternext
market (code: ALCLS) in Paris.
For further information about Cellectis, visit our website at: www.cellectis.com
Follow Cellectis on twitter : http://twitter.com/cellectis
About Bayer
Bayer is a global enterprise with core competencies in the fields of
health care, nutrition and high-tech materials. Bayer CropScience, a
subsidiary of Bayer AG with annual sales of about EUR 6.830 billion
(2010), is one of the world’s leading innovative crop science companies
in the areas of crop protection, non-agricultural pest control, seeds
and plant biotechnology. The company offers an outstanding range of
products and extensive service backup for modern, sustainable
agriculture and for non-agricultural applications. Bayer CropScience has
a global workforce of 20,700 and is represented in more than 120
countries.
Disclaimer
This press release and the information contained herein do not
constitute an offer to sell or subscribe, or a solicitation of an offer
to buy or subscribe, for shares in Cellectis in any country. This press
release contains forward-looking statements that relate to the Company’s
objectives based on the current expectations and assumptions of the
Company’s management only and involve risk and uncertainties that could
cause the Company to fail to achieve the objectives expressed by the
forward-looking statements.
