Vilmorin says on way to its own GMO maize, wheat further off
Published 9 October 2013
Seed firm Vilmorin said on Wednesday it was getting closer to launching its own genetically modified maize for the U.S. market, but that the emergence of commercially viable GMO wheat take longer than thought previously.
Vilmorin, the world's fourth-largest seed maker, said a deal announced on Tuesday for a stake in a Zimbabwean peer had given it a stronger foothold in an African market with huge potential.
Vilmorin, controlled by farm cooperative Limagrain, is investing to develop its own genetically modified maize (corn) through a venture with Germany's KWS SAAT AG and said it expects to market the first products within three years.