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Chemical Week Magazine :: Business & Finance :: United States/Americas
Monsanto Advances Biologics, Planting Technology Platforms
5:29 AM MDT | August 31, 2012 | â€“Rebecca Coons
Monsanto says it has formed a strategic alliance with Alnylam Pharmaceuticals to advance biologics with applications in agriculture. The alliance will combine Alnylamâ€™s RNAi-based intellectual property and technologies with Monsantoâ€™s BioDirect technology, which uses Monsantoâ€™s genomics expertise to identify molecules found in nature that could be used for crop protection. Monsanto will pay Alnylam $29.2 million in up-front payments and receive worldwide, exclusive rights to use Alnylamâ€™s platform technology and intellectual property in the field of...
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