BUENOS AIRES - Argentine biotech firm Bioceres will expand sales of its HB4 wheat seeds, which harness the power of genetically-modified organisms (GMO), to dozens of seed companies to boost future sales of the drought-tolerant product, Bioceres said on Thursday.The announcement to partner with additional
BUENOS AIRES - Argentine biotech firm Bioceres will expand sales of its HB4 wheat seeds, which harness the power of genetically-modified organisms , to dozens of seed companies to boost future sales of the drought-tolerant product, Bioceres said on Thursday.
While HB4 wheat has been distributed in Argentina via private deals between farmers and Bioceres, ramping up sales to farmers from the shelves of seed multiplier companies would likely boost the spread of the biotech product. That translates to a significant expansion from last season when there were only three seed multiplier companies authorized to work with HB4 seeds.In March, Bioceres got the green light from Brazilian officials to market its HB4 wheat. The company has also developed a soybean variety of GMO HB4 brand, which previously gained approval in Brazil.
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