In Missouri, Monsanto announced they have purchased select assets of Agradis , a privately held company focused on developing sustainable agricultural solutions. Monsanto’s purchase includes the Agradis name and its collection of microbes that can improve crop productivity. Monsanto has also acquired the company’s R&D site in La Jolla, California.
Monsanto also announced an agricultural research agreement between Monsanto and Synthetic Genomics. The multi-year research collaboration will focus on the analysis of microbe-plant communities and screening for beneficial microorganisms that could be used to develop additional biological products to improve agricultural productivity. Monsanto has also made an equity investment in SGI. Terms of the investment were not disclosed.
More background on the story from the Digest
Category: Chems & Materials