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Read MoreThe agreement between BASF Corp. and the University will enable open scientific discussions and speed the process of starting collaborations. (File photo)
BASF Corp. and the University have signed a master research agreement that will facilitate easier collaboration between industry and academia on the journey to jointly address global challenges, including climate change, food insecurity and scarcity of resources. The interdisciplinary approach will draw on the strengths of each to accelerate scientific discovery.
By connecting its deep bioscience expertise to UNC’s fundamental research capabilities, initially focused on biomedical, health and pharma applications, BASF expects to find new innovations for its customers in agriculture, health and personal care.
The agreement will enable open scientific discussions and speed the process of starting collaborations. Several research projects focused on plant science already are underway.
BASF, based in Florham Park, N.J., is the North American affiliate of BASF SE, Ludwigshafen, Germany. BASF has more than 18,800 employees in North America and had sales of $18.4 billion in 2019.