NEW YORK, July 01, 2015 (GLOBE NEWSWIRE) -- Harris & Harris Group, Inc. (NASDAQ:TINY), an investor in transformative companies enabled by disruptive science, notes that its portfolio company, AgBiome, a leading agricultural research firm, has formed a strategic partnership with Genective, a leading developer of biotech crops, to accelerate the discovery of a new generation of insect control traits.
By combining Genective's technology to develop transgenic corn traits with AgBiome’s unique pipeline for identifying a vast number of new candidate trait genes, this partnership has the potential to offer the seed industry a wide range of novel and critically needed products.
“We are excited that AgBiome has partnered with Genective,” says Misti Ushio, Ph.D., Managing Director and Chief Strategy Officer of Harris & Harris Group. “Both companies are developing genetically modified organisms as a means to improve agricultural production, and this partnership represents further progress toward that goal. We believe the interest of Genective to partner with AgBiome further validates AgBiome’s differentiated approach to agricultural research and product development. We continue to be excited for the future prospects of AgBiome.”
For more information on the strategic partnership, visit http://www.reuters.com/article/2015/07/01/agbiome-insect-resist-idUSnPn1QVs4Q+99+PRN20150701.
About Harris & Harris Group
Harris & Harris Group is a publicly traded venture capital firm that is also a business development company. Detailed information about Harris & Harris Group and its holdings can be found on its website at www.HHVC.com, on Facebook at www.facebook.com/harrisharrisvc and by following on Twitter @harrisandharrisgroup.
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Source:Harris & Harris Group