Biotech andagrochemical big son Monsanto has acquired a license to use CRISPR genome editing technology from Harvard and MIT’s( Massachusetts Institute of Technology) Broad Institute, where the technique was developed.

The deal is a non-exclusive bargain, but its the first time a licence has been issued for CRISPR’s commercial use in agriculture and food. The sum of money has not been disclosed , nor has the health risks application of the technology.

CRISPR-Cas9 genome editing was developed in 2013 at the Broad Institute, letting scientists to edit genes( basically cut and paste small DNA sequences into the genome) with considerably more precision, speed, and effectiveness than ever before. Its widely hailed as a groundbreaking technique that could have wide-reaching benefits in the realms of biomedical science. The video below provides a neat overview of the profound potential CRISPRgene editing holds.

Genome-editing techniques present precise ways to dramatically improve the scale and discovery efficiency of new research that can improve human health and global agriculture, Issi Rozen, Chief Business Officer of the Broad Institute, said in astatement. We are encouraged to see these tools being used to help deliver responsible solutions to help farmers respond to the demands of our growing population.

The Broad Institute say they have gone to massive durations to ensure the bargain strictly stipulatesresponsible utilize of the genome-editing tool. For one, the technology can not be used to modify tobacco. They have also banned gene drives”, a way of creating a biased-inheritance forparticular genes that could daisy-chain into the whole species population in nature.

Additionally, their contract does not allows them to use the technology to create sterile seeds, which would basically force farmers to buy new seeds year-on-year. Monsanto did actually develop these Terminator seeds in the nineties, although vowed never to commercialize the technology.

Understandably, genetic technology in the hands of big firms may set off alarm bell for many, although gene-editing is quickly becoming a necessary tool in aworld with increasingly more hungry mouths to feeds.Scientifically speaking, most experts agree genetically modified organisms in themselves pose no threat to the wider environment, if utilized responsibly.

But as New Scientistpoints out, theres little governmental regulation when it comes to the new world of CRISPR.What’s more, a crop adversely affected by CRISPR doesn’t technically count as a GMO, leading Business Insider to say Monsantomay have “ended the war against GMOs“.

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