BASF Partners With Korean Research Center

Primarily, the deal focuses on plant traits, which can increase yield and improve stress tolerance in major crops such as rice and corn, the release stated. CFGC will contribute discovery work with genes that have shown “proof of concept” and BASF will be responsible for further analysis and development of the genes. CGFC will grant BASF exclusive licensing rights outside of South Korea, while CFGC will maintain all licensing rights within the Republic of Korea.

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