Monsanto buys activities of Israel’s Rosetta Green for $35M

February 11, 2013 |

In Missouri, Monsanto is acquiring the activities of Israeli crop bioengineering company Rosetta Green for $35 million. The employees will all be offered continued employment with Monsanto but Rosetta Green will be left without corporate activities and will be an empty shell company in Tel Aviv.

The company’s core technology centers on MicroRNAs, which are short RNA molecules that regulate gene expression, that help to improve traits such as drought tolerance and increased oil content.

Category: Fuels

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