NUtech Ventures in Lincoln has expanded its partnership with Bayer CropSciences by signing a non-exclusive license agreement to research and develop new soybean varieties.
The collaboration between NUtech, a university technology transfer office that connects ideas and innovations to the private sector, and Bayer CropScience, part of German Bayer AG, aims to improve yields and develop new soybean traits for growers in Nebraska and across the globe. The two previously worked together on wheat germplasm research.
NUtech executive director David Conrad called the agreement an “excellent example of industry-university collaboration, with exchanged germplasm, student internships and scholarships,” noting that the deal also provides funds to endow a Presidential Chair in soybean breeding, which will ensure long-term sustainability of soybean research at UNL.
“Skilled soybean breeders are in high demand at companies like Bayer CropScience,” Conrad said, “so we are pleased that this collaboration will support the training of new breeders.”
Ronnie Green, Vice Chancellor for the Institute of Agriculture and Natural Resources at UNL, said with over 207 million bushels of soybeans grown in Nebraska each year, he’s excited about the opportunities the agreement establishes for the industry here and “even more excited about the future impact our partnership will have on our state, region and world.”