Monsanto acquires Divergence products control pests

Monsanto acquires Divergence for products to control of pests

3:53 PM, 7th June 2011
Monsanto acquires Divergence for products to control of pests

St Louis-based companies to combine expertise to deliver products for control of pests.

 

ST LOUIS, US: Monsanto Company said that it has acquired Divergence Inc, focused on working with parasitic nematodes, including developing biotechnology traits for nematode control and nematicides with novel modes of action and superior safety profiles.

 

“Nematodes are one of the most challenging agricultural pests farmers face each year, and we’ve seen them become more pervasive. These pests cost farmers millions in damages annually to crops like corn, soy, cotton and vegetables. Divergence has promising tools in its pipeline, including a nematicide which we believe could be used as a valuable seed treatment formulation to maximize the performance potential of the seeds and traits farmers plant,” said Robb Fraley, Chief Technology Officer, Monsanto.

 

Divergence and Monsanto established a collaborative relationship in August 2004. Under the relationship, the two companies worked to develop nematode-resistant soybeans. In 2008, the companies made public their sequence of the soybean cyst nematode genome, and extended their relationship. Terms of the agreement were not disclosed by the companies.

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