Agrisoma Biosciences and Dow AgroSciences announce research and commercial license option agreement for agricultural crops

On December 1, 2009, Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE: DOW), and Agrisoma Biosciences, Inc. announced the signing of a research and commercial license option agreement. The agreement provides Dow AgroSciences with access to Agrisoma's proprietary Engineered Trait Loci (ETL) technology on an exclusive basis in major food crops, and on a non-exclusive basis, in other crop species. Agrisoma is a private agricultural biotechnology company using its leading edge ETL technology to create new crop varieties engineered for high value applications such as biofuel production and renewable manufacturing feedstock. Agrisoma was advised in the negotiation of this agreement by Roger Kuypers, Iain Mant and Gloria Hsi of Fasken Martineau.