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45563

Verdesian Life Sciences Signs Agreement with Los Alamos National Laboratory

Verdesian Life Sciences, LLC, today announced it has signed a licensing agreement with Los Alamos National Laboratory (LANL). The agreement is to develop and market LANL’s latest nitrogen enhancement technology for plants.

This newest nitrogen innovation helps improve photosynthesis by increasing carbon flow into a plant’s metabolism. This enhances the formation of amino acids; they perform multiple functions in plant metabolism and are critical to healthy plant growth. Testing shows the new innovation not only enhances vegetative growth but also impacts reproductive growth.

Verdesian will continue to work on the development of this new technology through 2014 with anticipated market entry by 2017.

“Nitrogen is one of the costliest, but critical, controllable inputs that can lead to a yield advantage,” said Nigel Grech, Verdesian executive vice president, science and technology. “Unfortunately, our current methods of distributing nitrogen can result in great inefficiencies with a negative impact on the environment and wasted resources. This technology not only significantly adds to the ability of the farmer to improve crop nitrogen efficiency but also assists in coping with expanding regulations that are impacting agriculture globally. Our nitrogen efficiency innovation platforms have the potential to revolutionize agriculture as we know it.”

“We are proud of our relationship with the Los Alamos National Laboratory; they are an important partner in our commitment to taking tomorrow’s science and delivering today’s returns,” said J.J. Grow, chief executive officer of Verdesian. “The lab’s proven technology helps us bring value to growers in both yield and efficiencies, and we look forward to our continued work together.”

The agreement extends the current relationship with LANL, under which Verdesian is marketing and distributing the research institution’s Take Off crop nitrogen assimilator.

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