DuPont Pioneer, Arcadia Biosciences to Develop Safflower Oils
April 9, 2013
DAVIS, Calif. and DES MOINES, IowaArcadia Biosciences, Inc., and DuPont Pioneer announced a formal collaboration to develop new safflower varieties that produce high levels of arachidonic acid-containing oil in a concentrated, reliable and cost-effective way for global consumer markets.
Under the agreement, Arcadia will receive certain licenses to specific DuPont Pioneer innovations and intellectual property. he collaboration builds upon new trait innovation from DuPont Pioneer, as well as both organizations crop development and regulatory expertise. The collaboration also is squarely in line with their common missions to develop products that enhance human health.
DuPont has a strong history of collaboration and innovation for new, high-value agricultural technologies," said Jon Lightner, DuPont Pioneer vice president of Agricultural Biotechnology. We are conducting research and development at multiple points along the food value chain, looking for opportunities to provide safer, healthier and more nutritious food for a growing global population, whether its upstream through DuPont Pioneer or downstream through DuPont Nutrition & Health. This relationship reinforces our leadership in biotech output traits and nutritional oils. It builds on the success of Plenish® high oleic soybean oil, which has 20% less saturated fat than commodity soy oil."
DuPont has an impressive portfolio of proprietary quality traits," said Eric Rey, president and CEO of Arcadia. This new collaboration is an effective way to enable these innovations to get into the hands of consumers. Arcadias experience in the development, regulatory management, production and marketing of high-value specialty nutritional oilsas demonstrated through our launch of SONOVA® 400 GLA safflower oil and coupled with DuPont Pioneers established track recordcreates a powerful alliance."
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