Through a new collaboration between Valent BioSciences Corporation and LidoChem, Inc., the companies plan to market and sell a patented biocontrol technology for use in corn, soybeans and other crops. Valent BioSciences, in collaboration with Valent U.S.A. Corporation, plan to develop the technology based on a strain of Bacillus amyloliquefaciens, a beneficial soil microorganism.
The product will be marketed and sold initially as a biological nematode seed treatment for the U.S. market by Valent U.S.A. The U.S. EPA registration is expected this year. VBC plans to focus future research and development on new formulations and expansions of the technology into other applications, crops, and regions.
"This agreement brings another important and innovative biorational technology to our growing platform for soil-based innovation," said Ted Melnik, executive vice president and chief operating officer of VBC. "The unique mode of action of the product brings growers a potent and valuable tool in their battle against soilborne pests."