PlantResponse Biotech: from the lab to the farmers and beyond

Molina Fernández, Antonio and Jordá Miró, Lucía and Rodriguez Palenzuela, Pablo and Lopez Solanilla, Emilia (2019). PlantResponse Biotech: from the lab to the farmers and beyond. In: "XXIII Reunión de la Sociedad Española de Fisiología Vegetal y XVI Spanish Portuguese Congress of Plant Physiology", 26/06/2019-28/06/2019, Pamplona, España. p. 1.

Description

Title: PlantResponse Biotech: from the lab to the farmers and beyond
Author/s:
  • Molina Fernández, Antonio
  • Jordá Miró, Lucía
  • Rodriguez Palenzuela, Pablo
  • Lopez Solanilla, Emilia
Item Type: Presentation at Congress or Conference (Other)
Event Title: XXIII Reunión de la Sociedad Española de Fisiología Vegetal y XVI Spanish Portuguese Congress of Plant Physiology
Event Dates: 26/06/2019-28/06/2019
Event Location: Pamplona, España
Title of Book: Libro de Abstracts de la XXIII Reunión de la Sociedad Española de Fisiología Vegetal y XVI Spanish Portuguese Congress of Plant Physiology
Date: June 2019
Subjects:
Faculty: E.T.S. de Ingeniería Agronómica, Alimentaria y de Biosistemas (UPM)
Department: Biotecnología - Biología Vegetal
Creative Commons Licenses: Recognition - No derivative works - Non commercial

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Abstract

PlantResponse Biotech SL (www.plantresponse.com) is a spin-off of the Centro de Biotecnología y Genómica de Plantas (CBGP, UPM-INIA), a mixture centre of Universidad Politécnica de Madrid (UPM) and Instituto Nacional de Investigación y Tecnología Agraria y Alimentaria (INIA). PlantResponse was founded in 2008 by a group CBGP researchers (see authors) from the UPM that identified an opportunity and urgent need to speed up the transfer of their knowledge and technologies from the lab to the agricultural market. This initial idea was transformed in a business plan thanks to the support of the excellent entrepreneurship program Actua-UPM, that awarded PlantResponse project in its 7th edition. Since then the company has focused on developing highly innovative products by taking advantage of the know-how and techniques that the company has acquired through the experience in the agricultural domain. The company innovation model is based on the explotation of public-private partnerships and collaborations with the best international research groups from the academia. This open innovation model has allowed to the company to speed up the transfer of novel technologies from the lab to the market, and to the academia research groups to transfer technologies and to develop products. PlantResponse has attracted more than 13,8 millions of € in Seed Capital and international/national Venture Capitals (series A and B of investment). These investments have allowed the company to expand its Agrobiological products portfolio and to opening a commercial office at the Research Triangle Park (North Carolina, USA). Remarkably, PlantResponse is invested by major agriculture industrial companies, like Bayer (previously Monsanto Growth Venture), Yara or Novozymes, indicating that the company sustainable solutions are of interest for the market. PlantResponse has been the first Spanish biotech company to be awarded as “Innovative Biotech Company” by EuropaBio and the first European company to get the Green Biotech Innovation award from EuropaBio. Moreover, PlantResponse has been recognized by Spanish Association of Biotech Enterprise (ASEBIO) as one of the success histories of the Spanish biotech market of the last 10 years. Recently, PlantResponse has been include in the list of 2019 THRIVE Top 50, an annual ranking of 50 leading global AgTech companies exemplifying the best in agriculture and food-focused innovation. PlantResponse has been considered as provider of «critical assets to the industry in areas like plant health & nutrition and environmental sustainability”. This is a clear indication that PlantResponse is in the vanguard of discovering and developing innovative and sustainable solutions for crop management. The conclusions of the exciting and risky journey are that founding a leader biotech company in Spain is possible and that the model of public-private partnerships used for the company clearly contributes to close the gap between the excellent research in academia and the technological needs in the agriculture industries.

More information

Item ID: 64722
DC Identifier: http://oa.upm.es/64722/
OAI Identifier: oai:oa.upm.es:64722
Deposited by: Memoria Investigacion
Deposited on: 12 Nov 2020 09:35
Last Modified: 12 Nov 2020 09:35
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