Plant Impact PLC New collaboration with VIB
23 Enero 2018 - 1:00AM
RNS Non-Regulatory
TIDMPIM
Plant Impact PLC
23 January 2018
For immediate release 23 January 2018
Plant Impact Plc
("Plant Impact" or the "Group")
New collaboration with VIB: advancing crop enhancement small
molecule discovery
Plant Impact plc (AIM: PIM), which leads research and
development in crop enhancement products that growers can rely on
to improve the yield and quality of their crops, is pleased to
announce a new R&D collaboration with VIB, a life sciences
research institute in Flanders, Belgium. The collaboration is
focused on furthering research into VIB891, a newly identified
small molecule and chemical analogues proven to increase plant
biomass.
This new collaboration grants Plant Impact exclusive development
access and a licensing option to these patent-pending small
molecules identified at VIB-UGent Center for Plant Systems Biology.
The VIB-UGent researchers have discovered that VIB891 can almost
double biomass in different plant species.
This new agreement with VIB enables the Plant Impact R&D
team to carry out full a evaluation including glasshouse and field
trials with these high-potential molecules. Their fundamental role
and their impact on diverse aspects of plant development may
indicate their suitability for several ongoing Plant Impact product
development projects.
The collaboration will also investigate possible further
projects that could lead to the development and commercialisation
of significant new crop enhancement technologies.
Dr Steve Adams, R&D Director, Plant Impact
"The identification of the VIB891 molecules showcases the
exciting work underway at VIB. I am delighted that our new
agreement opens the door for Plant Impact to further the advances
made at there, enabling us to drive forward in our objective to
help improve understanding of plant responses while creating new
and reliable crop enhancement products to boost crop yields for
farmers."
Dr. Aurélie Nowack, Business Development Manager at VIB
commented: "It is gratifying to see fundamental research in plant
science lead to the identification of small molecules that have
great potential in various forms of agriculture. Plant Impact is
the ideal partner to realise this potential."
For further information, contact:
Plant Impact
Ailish Tracy, Global Communications Manager
www.plantimpact.com Tel: +44(0) 1582 465 540
VIB
Aurélie Nowack, Business Development Manager
www.vib.be Tel: +32(0) 471 98 29 14
This information is provided by RNS
The company news service from the London Stock Exchange
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