BVI-registered Origin Agritech Ltd. entered into a collaboration agreement with Inova Genética Ltda (INOVA), a member of the Wehrmann Group, which is an active participant of the seed industry and a leading vegetable production company in Brazil. The agreement between the agriculture technology company and INOVA provides for co-operation in field testing of hybrids of both companies in each other’s geographic regions.
INOVA will also co-operate with the BVI company to evaluate corn seed biotechnology traits for application in South American markets. Origin and INOVA will explore commercial opportunities between the companies in corn seed breeding, production and distribution in South America. INOVA is focused on the plant breeding business and is headquartered in Cristalina-GO, Brazil.