INDIANAPOLIS and WILMINGTON, N.C. – (February 7, 2012) – Dow AgroSciences LLC, a wholly owned subsidiary of The Dow Chemical Company (NYSE: DOW), and BioDuro, announced today a three-year, multi-program discovery research agreement to generate novel molecules for synthesizing and testing fungicides, insecticides, and herbicides across a variety of crops.
The two companies will leverage BioDuro’s deep expertise in medicinal chemistry and biochemistry and Dow AgroSciences’ agrochemical capabilities in this new agrochemical discovery collaboration.
“We are very pleased to announce this novel collaboration between Dow AgroSciences and BioDuro, a respected leader in discovery services,” said Daniel R. Kittle, Ph.D., Global Leader, Research & Development, Dow AgroSciences. “This agreement is another example of our commitment to further enhance Dow AgroSciences’ world-class discovery research capabilities by working with the best research teams around the globe to develop new solutions for our customers around the world.”
Financial terms of the agreement were not disclosed.