Owensboro, Kentucky
April 20,1999ExSeed
Genetics L.L.C., in conjunction with Zeneca
Inc., has been granted three patents that the companies believe hold the keys to
identifying the "operating system" for starch deposition in cereal plants. The
three patents cover important genes essential for biosynthesis and the coding for enzymes
that are the chemical precursors of starch.
'These patents can change the functionality of starch to
add end-use value for grain processing and/or animal feed," says Dr. Peter Keeling,
director of research at ExSeed Genetics. "But more importantly, we believe these
patents offer us the capability to increase yields.'
ExSeed Genetics owns the exclusive licensing rights to
these patents from Zeneca as part of an agreement that covers the formation of starch in
plants. In addition to its collaborative research agreement with ExSeed Genetics, Zeneca
holds an equity stake in the company.
"This agreement is at the center of ExSeed's
proprietary starch synthesis gene technology, and the patents further strengthen our
position in seed and starch biotechnology," Keeling says.
ExSeed Genetics and Zeneca are leaders in the field of
agricultural biotechnology, and both hold numerous patents that have been identified to
improve the form and function of agricultural grain crops. The three patent numbers
granted to ExSeed and Zeneca are: #5,792,920, #5,859,333, and #5,824,790.
ExSeed provides value-enhanced grains to feed, food and
industrial markets under the brand name ExSeed Enhanced(TM) . ExSeed Genetics works with a
variety of seed and production partners within the ExSeed Contracting Network to provide
animal feeders, millers and food processors ExSeed Enhanced traits in grains that add
value and improve the end-use product.
ExSeed Genetics has released the first low-phytate corn
varieties, NutriDense LpTm and Yellow Dent LP(TM), which are available to swine and
poultry producers throughout the United States for this growing season.
ExSeed Genetics L.L.C., headquartered in Owensboro, Ky.,
was formed in 1994, and has research operations in Owensboro; Ames, Iowa; and Olivia,
Minnesota.
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