Performance Plants Signs Licensing Agreement with Bayer CropScience
Founded in 1995 at Queen’s University, based on ground-breaking plant research of in-house gene discovery program, Performance Plants, evolved from a research organization into a leading agricultural trait developer. The company has since developed a suite of technologies, based on modifying the expression of individual plant genes for the food and bioenergy markets. In 2012, Performance Plants was selected to present one such technology, Heat & Drought Tolerance (HDT), at the Ag Innovation Showcase, co-produced by Larta and BRDG Park at the Danforth Plant Science Center. On August 26, 2013, Performance Plants announced a licensing agreement with 2012 Ag Innovation Showcase attendee and sponsor Bayer CropScience to use PPI’s HDT for wheat improvement; this is the 3rd commercial technology licensing agreement established between Bayer CropScience and Performance Plants in the last few years.