Advanta India Ltd has informed that it has entered into an agreement with Arcadia Biosciences based in California to develop nitrogen-use efficient (NUE) Sorghum. Arcadia Biosciences, Inc. is an agricultural technology company focused on developing technologies and products that benefit the environment and human health.
Under terms of the agreement, Advanta receives exclusive global rights to the use of Arcadia’s NUE technology in sorghum. Arcadia receives an upfront payment, milestone payments and a share of commercial sales.