FMC Corporation, Micropep Technologies announce strategic collaboration

FMC Corporation and Micropep Technologies announced a strategic collaboration to develop biological solutions to control destructive herbicide-resistant weeds that reduce crop yields. The collaboration will accelerate the ongoing development of natural weed control products based on short protein molecules naturally produced by plant cells. Under an exclusive multi-year agreement, the partnership will focus on developing new solutions for controlling key herbicide-resistant weeds in corn and soybeans. The companies will combine their respective R&D capabilities leveraging Micropep’s technology to expedite and improve the success rate in identifying innovative biological herbicides. Specific terms of the agreement were not disclosed.