BASF signs its first Canadian Master Research Agreement with the University of Toronto
BASF SE S/ADR (BASFY)
NASDAQ:AMEX Investor Relations:
basf.com/en/company/investor-relations.html
Company Research
Source: GlobeNewswire
MISSISSAUGA, ONTARIO, April 14, 2025 (GLOBE NEWSWIRE) -- The French version of this press release is available here. BASF and the University of Toronto have signed a Master Research Agreement (MRA) to streamline innovation projects and increase collaboration between BASF and Canadian researchers. This partnership is part of a regional strategy to extend BASF's collaboration with universities in North America into Canada. This is a great achievement for BASF, as it marks the company's first MRA with a Canadian university. By partnering with the University of Toronto, which has received world-class recognition for leveraging the power of Artificial Intelligence and machine learning to advance technologies, BASF will gain access to the University's cutting-edge research and innovations, as well as increased flexibility regarding intellectual property (IP) ownership, significant cost savings through government matching funds and tax incentives. BASF will also gain access to a larger
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