Corteva, Pairwise Join Forces to Accelerate Gene Editing, Advance Climate Resilience in Agriculture
Corteva (NYSE: CTVA) and Pairwise have announced a strategic collaboration to accelerate gene editing solutions in agriculture. The partnership includes:
- Corteva's $25 million equity investment in Pairwise through Corteva Catalyst
- Formation of a five-year joint venture to develop advanced gene edited technologies
- Focus on increasing crop yield and climate resilience
The collaboration aims to leverage both companies' gene editing capabilities to create crops more resilient to extreme weather and climate change. Pairwise's Fulcrum™ Platform, which includes proprietary gene editing tools, will play a key role in developing new plant varieties faster than conventional breeding methods.
Corteva (NYSE: CTVA) e Pairwise hanno annunciato una collaborazione strategica per accelerare le soluzioni di editing genetico in agricoltura. Il partenariato include:
- L'investimento azionario di 25 milioni di dollari di Corteva in Pairwise attraverso Corteva Catalyst
- La formazione di una joint venture quinquennale per sviluppare tecnologie avanzate di editing genetico
- Un focus sull'aumento della resa delle colture e sulla resilienza climatica
La collaborazione mira a sfruttare le capacità di editing genetico di entrambe le aziende per creare colture più resistenti a condizioni meteorologiche estreme e ai cambiamenti climatici. La piattaforma Fulcrum™ di Pairwise, che include strumenti proprietari di editing genetico, giocherà un ruolo chiave nello sviluppo di nuove varietà vegetali più rapidamente rispetto ai metodi di allevamento convenzionali.
Corteva (NYSE: CTVA) y Pairwise han anunciado una colaboración estratégica para acelerar las soluciones de edición genética en la agricultura. La asociación incluye:
- La inversión de capital de 25 millones de dólares de Corteva en Pairwise a través de Corteva Catalyst
- La formación de una joint venture de cinco años para desarrollar tecnologías avanzadas de edición genética
- El enfoque en aumentar el rendimiento de los cultivos y la resiliencia climática
La colaboración tiene como objetivo aprovechar las capacidades de edición genética de ambas empresas para crear cultivos más resistentes a condiciones climáticas extremas y al cambio climático. La plataforma Fulcrum™ de Pairwise, que incluye herramientas de edición genética patentadas, jugará un papel clave en el desarrollo de nuevas variedades de plantas más rápido que los métodos de cría convencionales.
Corteva (NYSE: CTVA)와 Pairwise는 농업에서 유전자 편집 솔루션을 가속화하기 위해 전략적 협력을 발표했습니다. 파트너십에는 다음이 포함됩니다:
- Corteva Catalyst를 통해 Pairwise에 대한 2,500만 달러의 자본 투자
- 고급 유전자 편집 기술을 개발하기 위한 5년 간의 합작 투자 형성
- 농작물 수확량 증대 및 기후 회복력 향상에 주력
이번 협력은 양사의 유전자 편집 능력을 활용하여 극단적인 날씨와 기후 변화에 더 잘 견디는 농작물을 개발하는 것을 목표로 합니다. Pairwise의 Fulcrum™ 플랫폼은 독점적인 유전자 편집 도구를 포함하여 전통적인 육종 방법보다 더 빠르게 새로운 식물 품종을 개발하는 데 중요한 역할을 할 것입니다.
Corteva (NYSE: CTVA) et Pairwise ont annoncé une collaboration stratégique pour accélérer les solutions d'édition génétique en agriculture. Ce partenariat comprend :
- L'investissement en capital de 25 millions de dollars de Corteva dans Pairwise via Corteva Catalyst
- La formation d'une joint venture de cinq ans pour développer des technologies avancées d'édition génétique
- Un accent sur l'augmentation du rendement des cultures et la résilience climatique
Cette collaboration vise à tirer parti des capacités d'édition génétique des deux entreprises pour créer des cultures plus résistantes aux conditions météorologiques extrêmes et au changement climatique. La plateforme Fulcrum™ de Pairwise, qui comprend des outils d'édition génétique propriétaires, jouera un rôle clé dans le développement de nouvelles variétés de plantes plus rapidement que les méthodes de sélection conventionnelles.
Corteva (NYSE: CTVA) und Pairwise haben eine strategische Zusammenarbeit angekündigt, um Lösungen zur Genbearbeitung in der Landwirtschaft zu beschleunigen. Die Partnerschaft umfasst:
- Cortevas 25 Millionen Dollar Kapitalbeteiligung an Pairwise über Corteva Catalyst
- Gründung eines fünfjährigen Joint Ventures zur Entwicklung fortschrittlicher Gene-Editing-Technologien
- Fokus auf die Steigerung des Ertrags der Kulturen und die Klimaresilienz
Die Zusammenarbeit zielt darauf ab, die Gene-Editing-Fähigkeiten beider Unternehmen zu nutzen, um Pflanzen zu schaffen, die widerstandsfähiger gegen extreme Wetterereignisse und den Klimawandel sind. Die Fulcrum™-Plattform von Pairwise, die proprietäre Werkzeuge zur Genbearbeitung umfasst, wird eine Schlüsselrolle bei der schnelleren Entwicklung neuer Pflanzenvarianten im Vergleich zu herkömmlichen Züchtungsmethoden spielen.
- Corteva's $25 million equity investment in Pairwise
- Formation of a five-year joint venture to accelerate gene editing solutions
- Potential for increased crop yields and climate resilience
- Access to Pairwise's Fulcrum™ Platform and proprietary gene editing tools
- Expansion of gene editing benefits to a wide variety of crops
- None.
This collaboration between Corteva and Pairwise marks a significant advancement in agricultural gene editing. The
The potential impact on crop yields and sustainability is substantial. If successful, this collaboration could result in increased food security and more efficient resource utilization in agriculture. However, investors should note that the full benefits of this partnership may take years to materialize, given the complex nature of gene editing and regulatory processes.
Corteva's
However, investors should consider the risks associated with gene editing technologies, including regulatory challenges and public acceptance. While the potential market for climate-resilient crops is vast, the timeline for realizing significant financial returns from this investment remains uncertain. The partnership's success will depend on the companies' ability to navigate regulatory landscapes and bring innovative products to market efficiently.
The collaboration between Corteva and Pairwise represents a promising step towards climate-resilient agriculture. By focusing on developing crops that can withstand extreme weather events, this partnership addresses a critical need in the face of climate change. The potential to increase crop yields while potentially reducing the need for water and pesticides could lead to more sustainable farming practices.
However, it's important to consider the ecological implications of introducing gene-edited crops into diverse ecosystems. While gene editing offers precision, its long-term effects on biodiversity and ecosystem balance require careful study. The success of this venture in contributing to environmental sustainability will depend on rigorous testing, transparent communication and adherence to ecological safety standards. Stakeholders should monitor how this technology balances agricultural productivity with environmental conservation.
Corteva to invest
Strategic collaboration to also form a joint venture to accelerate gene editing solutions
Anchoring the collaboration is Corteva's
In addition, Corteva and Pairwise have formed a joint venture to accelerate and expand the delivery of advanced gene edited technologies aimed at increasing crop yield for food, fuel and fiber production, despite increasing climate change.
The joint venture, which spans five years, will leverage both companies' advanced gene editing capabilities to accelerate the delivery of gene edited products by generating and evaluating unique gene edits across multiple traits in a range of crops. Building on Corteva's longstanding leadership in plant breeding and genetics, the companies will collaborate on the development and deployment of gene edited products that are more resilient to extreme weather events and climate change.
"Gene editing is a transformational technology for agriculture that will advance climate resilience in farming and drive the increased farm productivity needed to feed and fuel the world's growing population," said Sam Eathington, Corteva's chief technology and digital officer. "As a gene editing technology leader ourselves, we are proud to work with Pairwise to accelerate the benefits of gene editing not only to farmers, but ultimately to those who rely on the availability of sustainably grown and affordable food – and that's all of us."
"Gene editing is poised to revolutionize agriculture, enabling the cultivation of crops that are more adaptive to climate change, are more nutritious and convenient for consumers, and deliver greater economics for growers," said Tom Adams, Pairwise CEO and co-founder. "Through our Fulcrum™ Platform, we're proud to be at the helm of applying this transformative technology in agriculture and, alongside partners like Corteva, accelerate the realization of these benefits across global stakeholders."
Pairwise is a leader in using gene editing to make differentiated crops. Last year, the company launched the first CRISPR food in
This is the first joint venture and major equity investment in gene editing made by Corteva Catalyst, the company's new investment and partnership platform. The investment reflects Corteva's nearly century-long track record (through its Pioneer brand) of championing innovation through partnerships, including with the global scientific community.
About Corteva:
Corteva, Inc. (NYSE: CTVA) is a global pure-play agriculture company that combines industry- leading innovation, high-touch customer engagement and operational execution to profitably deliver solutions for the world's most pressing agriculture challenges. Corteva generates advantaged market preference through its unique distribution strategy, together with its balanced and globally diverse mix of seed, crop protection, and digital products and services. With some of the most recognized brands in agriculture and a technology pipeline well positioned to drive growth, the company is committed to maximizing productivity for farmers, while working with stakeholders throughout the food system as it fulfills its promise to enrich the lives of those who produce and those who consume, ensuring progress for generations to come. More information can be found at www.corteva.com
About Pairwise:
Pairwise is pioneering the application of gene editing technology in food and agriculture. The company brings together leaders in agriculture and tech to harness transformative genomic technologies to create innovative new products that benefit society. Pairwise is working to develop new varieties of fruits, vegetables, and large-acre crops, and to partner with organizations that seek to deliver innovation across the plant-based economy. Backed by industry leading investors Deerfield, Aliment Capital, Leaps by Bayer, Temasek, and Corteva Catalyst, Pairwise raised
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SOURCE Corteva, Inc.
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