Nexgen Plants
Nexgen Plants is an emerging plant trait company delivering non-GM solutions
Backed by
Raised 1.5M EQUITY on August 16, 2018
About
Nexgen Plants commercialises University of Queensland-derived INTtrait gene-modification and rapid virus-resistance platforms, developing non‑GM and GM solutions for breeders across fruits, vegetables, rice and broadacre crops.
Mission
Nexgen Plants commercialises two platform technologies developed from University of Queensland research: INTtrait for rapid introduction of pathogen-resistance, production and consumer traits, and a virus-resistance approach to rapidly confer resistance in crops. INTtrait is being positioned as having advantages over existing gene-editing techniques such as CRISPR, and the company says its virus-resistance technology is uniquely rapid. Nexgen recently received non-GM notification from the USDA for a salt-tolerant rice variety and is engaging with plant biotech companies and breeders in the US, Europe and Asia. The company has completed projects with Syngenta and a major global food and beverage company and is pursuing further multinational partnerships. Management has appointed Dr Philippe Herve as CEO to ramp up international business development, with Herve based in France and splitting time between Europe/US and Australia. Nexgen was formed in 2013 by UniQuest and is implementing programs to demonstrate its technologies across a broad range of crop types while awaiting the Australian OGTR review of new breeding techniques. Nexgen Plants is trialling a newly discovered genetic pathway that enables plants to defend against common viruses, a discovery originating from scientists at the University of Queensland. The technology is based on identifying a new class of small plant virus molecules that regulate a plant's defence response and could enable selective breeding from germplasm collections and the introduction of virus-resistance traits. Initial trials will be conducted in tomato crops and the company says the technology could be available to plant breeders within 12 months. Nexgen is at proof-of-concept stage and plans both genetically modified and non-GM investigations, noting GM outcomes may be more suited to North and South America while Australian work will focus on non-GM approaches. The science is most relevant to fruit and vegetable crops but may also reduce virus impacts in wheat, canola and other broadacre crops. The article reports strong interest from plant-breeding companies globally.
Quick Facts
Founded
2013
Funding
EQUITY
Industry
Agriculture, Biotechnology
Team Size
1-10
Headquarters
Saint Lucia, Queensland, Australia
Careers
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