BASF and Evolva Sign R&D Agreement

BASF SE, Ludwigshafen (Germany) and Evolva Holding SA, Reinach (Switzerland) have signed an agreement for joint research on the design of novel and optimised biosynthesis routes for selected natural products with crop protection potential, according to a press release.

BASF will pay Evolva an up-front technology access fee and ongoing research fees. BASF will have responsibility to take forward compounds produced during the collaboration and will potentially pay Evolva research and development milestone fees as well as royalties on products that result from the collaboration, according to the release.

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“This collaboration provides further validation of the ability of our technology platform to impact multiple industries,” said Neil Goldsmith, CEO & managing director of Evolva, in a prepared statement. “This also adds to Evolva’s goal to improving food quality and helps advance the health and nutrition of individuals.”

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