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Valent BioSciences Corporation Reaches Global Licensing Agreement with LidoChem, Inc. for New Biocontrol Technology to Protect Against Nematodes

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LIBERTYVILLE, Ill.--(BUSINESS WIRE)--Valent BioSciences Corporation (VBC) announced today it has reached a global licensing agreement with LidoChem, Inc. for a novel, patented biocontrol technology for use in corn, soybean, and other crops. Based on a unique strain of the beneficial soil microorganism Bacillus amyloliquefaciens, it will be developed by VBC in collaboration with Valent U.S.A. Corporation. VBC and Valent U.S.A. are wholly-owned subsidiaries of Sumitomo Chemical, a global leader o


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