Bayer joins in $100 million investment bet on ag-biotech startup
Story Date: 9/19/2017

 

Source: REUTERS, 9/14/17

Germany’s Bayer AG, one of the world’s biggest agricultural chemical companies, is joining a $100 million bet that the next big breakthrough in crop fertilizers will be found inside a biological Petri dish. Its Bayer LifeScience Center division, along with biotech firm Ginkgo Bioworks, is forming a startup to focus on developing biological solutions to reduce the use of nitrogen-based fertilizer, or make farmers’ use more efficient, company officials said this week. 

For more of this story, click here.


























   Copyright © 2007 North Carolina Agribusiness Council, Inc. All Rights Reserved.
   All use of this Website is subject to our
Terms of Use Agreement and our Privacy Policy.