New Agricultural Genomics Company Signs $30 Million Deal with Monsanto and ELM | GenomeWeb

HAYWARD, Calif.--Mendel Biotechnology, a functional genomics company that opened here in April, has just taken on its first collaborative partners by signing a joint technology deal worth about $30 million with Monsanto and the Mexican firm Empresas La Moderna (ELM) in the field of agricultural functional genomics. The deal gives Monsanto and ELM exclusive access to Mendel's technical capabilities in plant genetics and genomics for many crops, including corn, soybeans, fruits, and vegetables.

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