Bejo and Limagrain announce licensing deal on traits in vegetables
Date:02-08-2018
Bejo and Limagrain, through its listed company Vilmorin & Cie, have signed an agreement for the exchange of non-exclusive licenses for patented traits in vegetables. This exchange will enable the two vegetable breeding companies to strengthen their innovative capacities and introduce improved varieties more quickly.
Under the agreement, the parties provide each other the right to use plant material that falls under the scope of several of their patents for both breeding and commercial purposes in vegetables. The agreement thus increases the possibilities for both companies to develop new and improved vegetable varieties by making use of each other’s innovations.
John-Pieter Schipper, Chief Executive Officer of Bejo, said: “This agreement is in continuity of other agreements signed by Bejo since the launch of the International Licensing Platform Vegetable. We strongly believe that access to genetics will contribute to long-term preservation of biodiversity and food security. At the same time this agreement strengthens the innovative capacity of both companies, which will ultimately benefit the market.”
Arnaud Messager, Scientific Director for Limagrain Vegetable Seeds commented: “This agreement will allow both companies to use their respective innovations to bring new improved varieties to the market, which will benefit both growers and consumers.”