IHS Chemical Week

Markets :: Fine Chemicals/Biotech :: Seeds and traits

Monsanto acquires Israeli bioengineering firm

10:05 AM MST | March 5, 2013 | Rebecca Coons

Monsanto says it has acquired Rosetta Green (ReḼovot, Israel) a publicly held company developing improved plant traits using RNA technology. Financial terms were not disclosed. Monsanto says Rosetta Green specializes in the identification and use of unique genes to guide key processes in major crops including corn, soybeans, and cotton. Rosetta Green projects include efforts to improve plant's drought tolerance, fertilizer-use efficiency, and food and fiber quality. The company is also active in energy crops, namely castor beans, jatropha, soybeans, corn, and...

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