On September 30, 2018, Danziger Innovations and ToolGen, a Korean genome editing technology company, signed an MOU to promote a technological alliance for development of genome edited plant crops on September 30, 2018.
ToolGen is a biotech company with fundamental CRISPR/Cas9 technology IP. Toolgen and Monsanto recently reached a global licensing agreement for the use of ToolGen’s CRISPR technology platform to develop agricultural products.
Danziger Innovations holds IP on viral delivery systems for genome editing reagents. Danziger Innovations is part of the Danziger Group.
Through this MOU, the two companies will jointly develop technology platforms for generating genome edited crops and actively cooperate to commercialize them in the global market for the benefit of both companies and the entire agriculture industry.
"Danziger Innovations is a company with strengths in the field of delivering CRISPR/Cas9 into crops and can build a strong global competitiveness by combining with the technology of CRISPR/Cas9 from ToolGen", said Kim Jong-moon, CEO of ToolGen, “It will be a great help for ToolGen’s ongoing global green-bio (agricultural) business plan.
"We are very happy to announce this collaboration with Toolgen. Toolgen specializes in developing genome editing reagents based on CRISPR/Cas9. We believe that joining our complementary technologies further advances the relevance of genome editing for breeding of new varieties”, says Hanne Volpin, deputy CEO of Danziger Innovations, “we are confident that this collaboration will rapidly lead to the creation of crops with new, valuable traits.
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