Meiogenix Announces a Licensing Agreement with Bayer to apply SpiX technology in crops
Breakthrough Technologies to unlock unexplored genetic diversity.
April 6, 2016
SpiX is a plant breeding technology developed by Meiogenix that increases the genetic diversity of plant germplasm by redirecting the natural and conserved process of meiotic recombination, or an exchange of genetic material that takes place during the formation of gametes. This technology initiates the meiotic recombination by introducing natural and Spo11-targeted recombination events. This approach results in an enhancement of the genetic diversity of the segregants and thus facilitates the identification of novel traits of interest. By doing such, the technology could play significant role in future food production.
Giacomo Bastianelli, Co-founder & CEO of Meiogenix declared: «We look forward to working with Bayer in applying our technologies to crops. We have invested years in developing these technologies and we are excited that they are reaching the maturity to be applied at larger scale. I personally believe that genetic technologies that mimic natural processes will contribute to producing food for generations to come »
Feeding 9 billion people in 2050 is a major challenge for humanity and conventional breeding alone will not be sufficient to meet this ambitious goal. However, in recent years, a series of plant breeding technologies such as SpiX were developed that could help in developing new plant varieties to address our needs while respecting the environment and global resources.
Financial terms of the agreement were not disclosed.