Palmerston North,
New Zealand
October 14, 2003
New Zealand’s newest plant technology company, Grasslanz, was
officially launched today at the 65th Annual
Conference of the New
Zealand Grassland Association in Palmerston North.
The 400-delegate conference of key New Zealand agribusiness
representatives provided a golden opportunity for
Celentis – a commercial
science company – to launch the newest addition to its stable of
biotechnology companies, Grasslanz.
Grasslanz is a plant technology company which serves pastoral
industries both here and overseas through development of
proprietary forage cultivars, grass endophytes and applied
biotechnology.
“We are very pleased to have this opportunity to launch the
business in such esteemed pastoral company,” says new CEO and
former President International of the US-based Delta and Pine
Land Company, John Stewart.
Grasslanz Technology Limited will incorporate the existing
business infrastructure and build on the success of the Cultivar
Development and Management Unit (CDMU). CDMU was previously the
conduit between private seed companies and
AgResearch, managing
the licensing, seed supply and contract research activities
relating to pastoral forage products.
John Stewart’s appointment coupled with the incorporation of
Grasslanz as a standalone company will facilitate a sharpened
commercial focus for the business. Grasslanz will replace CDMU
as the primary vehicle for commercialising AgResearch plant
technologies.
“We will be looking to grow the business through expansion in
domestic and international markets, technology and business
partnerships and more innovative biotechnology,” Mr. Stewart
said.
Grasslands™ branded forage plants have been bred for the New
Zealand pastoral industry for over 65 years and there are
currently more than 80 proprietary cultivars on the market here
for use in forage, turf and soil conservation. Grasslands™
white clover cultivars hold No.1 market position in the world.
As well as Grasslands™ branded products, Grasslanz also licenses
AgResearch grass endophytes AR1, MaxQ™ and MaxP™. Endophytes are
fungi that live inside grass and improve plant performance but
can cause animal health problems. Development of the AR1
ryegrass endophyte addressed these animal health problems and is
estimated to have resulted in additional returns to farmers in
New Zealand of NZ$12m in its first two years of release.
Mr Stewart said the incorporation of Grasslanz will bring
greater focus and investment in pastoral technologies such as
improved cultivars and grass endophytes that enhance animal
performance and health, while reducing the industry’s impact on
the environment.
Grasslanz also conducts collaborative R & D projects with other
parties, managing each project from inception to client
delivery, including production of high quality nucleus seed,
inoculation of endophytes, agronomic and animal testing and
Intellectual Property protection of proprietary products.
Key licensees and marketing agents of Grasslanz include Agricom
(New Zealand) Ltd, Wrightson Seeds Limited, New Zealand
Agriseeds Limited, PGG Seeds Limited, Cropmark Seeds Limited,
H.L. Rosevear and Co Limited, Marsden Ryegrass Growers Society
Inc, Cocksfoot Growers Association, Midlands Seed Limited, Peter
Cates Ltd. Grasslanz also services clients in Australia, the US,
Europe and South America.
Celentis is owned by AgResearch. In addition to working with
other technology providers, Celentis also markets and manages
AgResearch technologies. Celentis draws on decades of
experience and the expertise of over 600 scientists through its
parent company. |