Moa Technology enters into research collaboration agreement with Nufarm

Client(s) MOA Technology Ltd.

Jones Day represented Moa Technology Ltd. in connection with a research collaboration agreement executed with Nufarm Limited, a publicly-traded Australian company. Moa has discovered several promising new classes of herbicide with its breakthrough innovation platform, which are currently in field trials in the US, UK, France and Spain. The deal provides Nufarm exclusive access to a new mode of action product in one of these. In return, Moa will receive upfront payments, milestone development payments and eventual royalties from sales of the herbicide, which could be the first broad spectrum agricultural herbicide to work in a completely different way in forty years. Nufarm will also exclusively retain the option to commercialize other Moa compounds from the same mode of action area.