March 12th, 2008
On March 11th, 2008 Evogene Ltd. (TASE: EVGN) and Viterra (TAX:VT), a leading supplier of agricultural products and services in Canada, signed a co-operation and project funding agreement with the CIIRDF (Canada-Israel ndustrial Research and Development Foundation), to obtain a grant from the foundation for financial support of a joint project of Evogene and Viterra. A principle approval for the grant was obtained in February 13th, 2008.
The agreement with CIIRDF was signed following the signature of a collaboration agreement between Evogene and Viterra in February 13th,2008, for the joint development of canola with improved yield and tolerance to abiotic stress.
The CIIRDF was established in 1994 to promote collaborative R&D between firms in Israel and in Canada. CIIRDF is involved in three broad complementary activities, including promoting and marketing the benefits of joint Canadian-Israeli R&D collaboration, matching companies in one country seeking a research partner in the other and supporting projects by contributing up to 50% of the joint R&D costs.
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