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Chemical Week Magazine :: Business & Finance :: United States/Americas

Monsanto Advances Biologics, Planting Technology Platforms

2:39 PM MDT | September 3, 2012 | –Rebecca Coons

Monsanto says it has formed a strategic alliance with Alnylam Pharmaceuticals to advance biologics with applications in agriculture. The alliance will combine Alnylam’s RNAi-based intellectual property and technologies with Monsanto’s BioDirect technology, which uses Monsanto’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 Alnylam’s platform technology and intellectual property in the field of...

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