Origin Agritech Limited Signs Licensing Agreement

Origin Agritech SEED announced a licensing agreement with a multinational partner to develop high-yielding corn varieties incorporating the Origin Agritech glyphosate- resistant and Bt- traits. These particular traits have been demonstrated to be effective in both lab and field environments, are novel to the markets in China in that it has never been commercialized, and are protected by patents granted separately by China and USA. Origin will license the traits to its partner and take the lead in the development and testing activities.