25th January 2010
Biocentury has entered into a licensing agreement with FuturaGene to develop cotton plants with new biotech traits. Under the agreement FuturaGene will provide BioCentury with cell wall modification and salt tolerance genes. Biocentury intends to develop cotton plants with improved and increased yield, fibre quality and salt tolerance characteristics. FuturaGene and BioCentury will share revenues generated by sales of the newly developed cotton seeds. The global cotton seed and trait market is valued at over US$850m per annum with China accounting for approximately 20% of the market.
About Biocentury
Biocentury is one of the top seed companies with fully integrated activities from R&D, seed production & processing to marketing & sales in China. With 350 dedicated FTEs, Biocentury is fully committed in plant biotechnology and advanced crop breeding technologies to provide superior seed products of cotton, maize, rice, wheat, canola and vegetables to serve Chinese and overseas markets. In addition, Biocentury will proactively promote molecular breeding technologies in China and developing countries for rural social and economic development. Finally, Biocentury will address global environmental issues, such as global warming, water shortage, and agrichemical pollution to contribute to sustainable and ecologically compatible economies world-wide. To learn more about Biocentury, our commitments, products and services, please visit: www.bio-t.cn.
Contact Biocentury Company
Dr John Liu, Vice President
International Business
Phone: +86-755-83423600 (office), +86-18688936308 (mobile)
Fax: +86-755-83415228
Email: 2363528193@qq.com