Origin Agritech Entered Strategic Collaboration Agreement with Inova Genetica Ltda
Origin Agritech Limited (SEED)
US:NASDAQ Investor Relations:
originseed.investorroom.com
Company Research
Source: PR Newswire
BEIJING, Sept. 17, 2019 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology and rural e-commerce company, today announced that the Company has entered into a collaboration agreement with Inova Genética Ltda (INOVA), a member of the Wehrmann Group, from Cristalina-GO, Brazil. The agreement will involve cooperation in field testing of hybrids of both Origin and INOVA in each other's geographic regions. INOVA will also cooperate with Origin to evaluate corn seed biotechnology traits for application in South American markets. In addition, Origin and INOVA will explore commercial opportunities between the two companies, especially in corn seed breeding, production and distribution in South America. INOVA is headquartered in Cristalina-GO, Brazil, and focuses on the plant breeding business. INOVA is a member of the Wehrmann Group, which is an active participant of the seed industry and a leading company in vegetable production in Brazil
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- Origin Agritech Limited (NASDAQ: SEED) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat