Arzeda Hits Milestone in Pioneer Deal
Arzeda, the Seattle-based company that creates new enzymes, said it has reached a technical milestone as part of collaboration with DuPont’s Pioneer Hi-Bred business unit. Arzeda, a University of Washington spinoff from the lab of biochemist David Baker, has developed a novel enzyme that Pioneer says is “showing activity toward a trait of interest” in corn and soybeans—two important seed crops for Pioneer. The collaboration between Arzeda and Pioneer was announced in July 2009. Terms weren’t disclosed.