Cellectis plant sciences announces the signature of a strategic partnership with SESVanderHave in Sugar Beet
Saint Paul (Minnesota, USA), January 31st, 2012 – Cellectis plant sciences, the plant Genome engineering company and subsidiary of Cellectis (Alternext: ALCLS), announces today the signature of a research and commercial agreement with SESVanderHave, a world leader in the sugar beet seed industry, on the use of Cellectis technologies in sugar beet.
The agreement aims at developing commercial varieties for the sugar beet seed market using new breeding techniques and targeted genetic modifications. Cellectis plant sciences will provide SESVanderHave with custom-designed Meganucleases for the Sugar Beet genome, to expedite the development of new targeted traits in sugar beet.
“ We believe SESVanderHave is the ideal partner to bring innovative sugar beet products to the market to address the needs of the sugar industry and the sugar beet farmers. This partnership is a new step in the implementation of our technologies ” said Luc Mathis, CEO of Cellectis plant sciences.
“ SESVanderHave is very enthusiast about the agreement ”, said SESVanderHave CEO Rob Van Tetering. “ As the innovative leader in the sugar beet seed industry, SESVanderHave is continuously seeking for new opportunities to improve its sugar beets with the objective of supplying more competitive varieties to the farmers and the sugar industry in all markets. The agreement with Cellectis will help us in finding innovative solutions for the industry in the near future ”.
Financial terms of the agreement have not been disclosed.