Origin’s elite corn hybrids to develop potential commercial GMO hybrid corn for Chinese farmers
Origin Agritech Ltd., an agriculture technology company, recently announced that it has entered into a collaboration agreement with Beijing Dabeinong Technology Group Co., Ltd. (DBN) for the development of commercial GMO corn hybrids.
Under the terms of the agreement, the parties will collaborate on the research and development of new GMO corn hybrids by integrating DBN’s approved traits and Origin’s elite corn hybrids to develop potential commercial GMO hybrid corn for Chinese farmers. In the agreement, both parties have also agreed to explore potential collaborations in GMO corn seed production, marketing, and technical services in the future GMO corn market, which would allow the two firms to expand their collaboration over time.
DBN is a Chinese agriculture conglomerate with over 14,000 employees and has over $2 billion in annual sales. Beijing Dabeinong Biotechnology Co., Ltd. (DBNBC), which is DBN’s holding subsidiary, is the leading biotechnology research entity in China. It received the approval of three Corn Bio-safety Certificates and one Soybean Bio-safety Certificate recently.
