Advanta US and Chromatin, Inc. Announce Commercial License Agreement for Sorghum Germplasm

HEREFORD, Texas--(BUSINESS WIRE)--Advanta US and Chromatin, Inc. have entered into a commercial license agreement for the development of sorghum.

“Having the ability to access and conduct research on quality sorghum germplasm, such as that from Advanta, is an important step in our path to advance sorghum’s unique ability to provide a sustainable source of sugar, starch and lignocellulose”

Under the agreement, Chromatin will have a non-exclusive, royalty-bearing license to access sorghum germplasm from Advanta. “Having the ability to access and conduct research on quality sorghum germplasm, such as that from Advanta, is an important step in our path to advance sorghum’s unique ability to provide a sustainable source of sugar, starch and lignocellulose,” says Daphne Preuss, Chromatin’s CEO.

Sorghum, is a high-yield, drought-resistant crop, and can be grown on 80 percent of the world’s agricultural lands. This flexibility makes it possible to expand sorghum production onto marginal land and to direct its biomass to a range of bioprocesses, including transportation fuels, biochemicals, renewable materials and clean power.

Advanta’s agreement with Chromatin allows it to expand existing markets and broaden the development of its germplasm into new global markets that Chromatin is entering in the “clean-tech” space.

“Advanta is committed to working with its partners to provide the next generation of improved crops,” says Steve Ligon, Advanta US business manager. “Chromatin’s focus on bringing advanced technology to sorghum, and its ability to access new market opportunities, increases the sales and distribution of Advanta’s proprietary genetics.”

About Advanta

Advanta is an India-based global seed business that combines proprietary crop genetics and plant breeding capabilities with biotechnology to produce high-quality seed products and solutions for its customers around the world. Advanta is a member of the UPL group of companies. For additional information, visit www.advantaus.com.

About Chromatin

Chromatin, Inc. is a biotech company that provides innovative technology, seeds and biomass to cleantech and agriculture markets. The Company is deploying a broad and unique intellectual property platform to develop specialized sorghum, creating next generation, high-quality seeds, feed, and feedstocks to meet the yield and performance requirements of the industry. Chromatin has successfully developed and commercialized proprietary gene stacking technology that can be used to simultaneously and precisely reshape the properties of any plant. For additional information, visit www.chromatininc.com.