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Syngenta to Acquire Pasteuria Bioscience

7:16 AM MDT | September 21, 2012

Syngenta has agreed to acquire biotech company Pasteuria Bioscience (Alachua, FL). Syngenta and Pasteuria have had an exclusive global technology partnership, since 2011, to develop and commercialize biological products to control plant-parasitic nematodes, using the naturally occurring soil bacteria Pasteuria spp. Soy Tecg: Syngenta buys partner. The companies say they will use an in vitro production process to develop cost-effective nematicides with a novel mode of action. The first product will be a seed treatment for soybean cyst nematodes, to be launched in...

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