Inocucor Technologies and McGill University in agreement
Date:10-27-2014
Inocucor Technologies, Inc. and McGill University have signed a research and licensing agreement to co-produce a new class of sustainable bio-stimulant products for large-scale agriculture that have the potential to increase crop yields by at least 10 to 15 percent.
Inocucor's first-generation product, Garden Solution, is currently being sold as a soil amendment in the United States and as Aqua Solution, a water conditioner for ornamental ponds in Canada.
Bywater-Ekegärd said the goal of the research collaboration with McGill's Department of Plant Sciences which is funded by Inocucor, is to identify and harness the power of Garden Solution's active microbes for development of new sustainable bio-stimulants for large-scale agricultural crops such as corn, soybean, canola and wheat.
The McGill partnership is the second collaboration announced by Inocucor in as many months. In September, Inocucor cemented its first commercial strategic partnership with Axter Agrosciences Inc., one of Canada's leading providers of foliar feeding crop solutions. That partnership followed positive field test results conducted by Axter with Inocucor's second-generation product, a cell-free growth stimulant.
"Inocucor's microbial innovations have huge implications for agriculture," said McGill's Smith. "The McGill team will study these active microbials with the intention of creating products for conventional farmers that give them a sustainable way to enhance yields and improve long-term health of soils."