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Thursday, 25.04.2024, 10:04
US giant DowDuPont behind Lithuanian Nobel nominee's company CasZyme
CasZyme CEO Monika
Kavaliauske told the business daily that a contract had been signed with DowDuPont to allow developing operations
based on DowDuPont intellectual
property and CasZyme know-how and
experience. Nevertheless, she did not rule out that additional partners could
be invited in the future along with risk capital investments for development of
the company's other operations. Kavaliauske did not disclose the size of the
stake transferred to the DowDuPont
concern.
The CasZyme CEO said the company
would mainly focus on development of new molecular tools and provide research
services for businesses, other researchers and organizations, as well as
continue developing the CRISPR technology y and searching for new Cas proteins
that could be used as new-generation molecular tools for genome editing. In
Kavaliauske's words, the operations would not be limited to agricultural and
crop production research, and the Lithuanian company will not develop
pharmaceutical products.