Strategic alliance and license agreement signed


Ecolibrium Biologicals has completed a strategic alliance and licence agreement with Coway BioWorks (CoBio) in Beijing, China, to allow CoBio to exclusively manufacture and sell the bioinsecticide product Lateral in the Peoples Republic of China.

EcolibriumLateral is derived from a New Zealand indigenous strain of Brevibacillus laterosporus discovered at Lincoln University to control Lepidopteran insects including, but not limited to, diamondback moth, fall armyworm, corn earworm, soybean looper and European corn borer.

CoBio was established in 2009 after being incubated by International Technology Transfer Center (ITTC) of Tsinghua University and Cornell Center for Technology Enterprise and Commercialization (CCTEC) of Cornell University, invested by Coway International TechTrans Co., Ltd. and BioWorks, Inc.

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