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Pairwise's Advancements in Genetics-Based Innovation
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Pairwise, a genetics-based innovation company, has made significant advancements in its Fulcrum™ Platform, utilizing CRISPR technology to create unique plant genetics. The company has introduced the first CRISPR-edited food to the North American market and collaborated with Bayer to deliver 27 novel traits for various crops. Pairwise's technologies REDRAW™ and SHARC™ enable precise templated editing and a wider range of genetic variation. The company has received a new Notice of Allowance from the USPTO for its REDRAW tool and announced nine new confirmed exemptions from the USDA. Pairwise has raised $90 million in a successful series B funding round in February 2021, bringing total fundraising to $115 million.
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How does Pairwise's successful funding rounds reflect the investor confidence in the potential of genetics-based innovation in the agricultural sector?
How might Pairwise's advancements in genetics-based innovation impact the agricultural industry and consumer preferences for genetically modified crops?
What ethical considerations should be taken into account when using CRISPR technology to create unique plant genetics?
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