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Kraig Labs, Vietnam enter silk-production pact

June 30th, 2015 / By: / Industry News

Lansing, Mich.-based spider-silk fabrics developer Kraig Biocraft Laboratories and central and regional governments in Vietnam have signed a memorandum of understanding outlining the creation and rearing of transgenic silkworms in Vietnam. According to the agreement, Kraig Labs and the Vietnamese will jointly develop a cooperative plan for the development and production of Kraig Labs transgenics in Vietnam.

“Vietnam’s tradition of quality silk production makes it an excellent fit for our transgenic silkworms,” said company CEO Kim Thompson. “This cooperative effort will further serve to support our recombinant silk technology, its many applications and end markets.”

Negotiations for a final agreement incorporating the terms of the MOU are expected to conclude in the third quarter of 2015.