ATGC Biotech, provider of pheromone and semiochemical-based crop protection solutions, established Semiophore Ltd., a 50:50 joint venture with Israel-based Luxembourg Industries Ltd. The JV was formalised during the Valedictory Session of the First International Science & Technology (S&T) Clusters Conference in New Delhi.
$10 Million Investment to Build Indo–Israeli Infrastructure
The Semiophore JV brings a cumulative investment of $10 million from ATGC Biotech, Luxembourg Industries and Semiophore. The investment will support the creation of modern infrastructure across India and Israel to scale advanced semiochemical technologies.
Registering 18 Indian Technologies in Global Markets
Under the collaboration, Semiophore will work to register eighteen Indian-developed semiochemical and pheromone technologies across key agricultural markets, including Israel, Brazil, Australia and Africa. These licensed solutions collectively target a multi-billion-dollar global market opportunity.
Clear Division of Roles and Strengths
As part of the agreement:
*ATGC Biotech will contribute intellectual property, technology, regulatory dossiers, capex and R&D leadership.
*Luxembourg Industries will invest in capex, regulatory processes, marketing and manufacturing.
Targeting a Wide Range of High-Value Crops
As reported by thehindubusinessline.com, the JV aims to scale eighteen advanced semiochemical technologies, including attract-and-kill, aggregation and anti-aggregation systems. These solutions will address global pest management needs across major crops such as grapes, apples, citrus, almonds, tomatoes, cotton, corn, cabbage, cauliflower and avocados.
