Biotech Updates

Monsanto and GrassRoots Sign Agreement

January 30, 2009

Monsanto announced that it will be working with North Carolina-based firm GrassRoots Biotechnology Inc. to identify novel genetic elements, including promoters and genes, which can enable crops to express traits such as improved yield and tolerance to environmental stresses. Under the three year agreement, Monsanto will use promoters- DNA segments that determine when and where a trait is expressed- sourced from GrassRoots in a broad range of crops, including corn, soy, cotton and canola, to optimize an array of biotechnology traits. In a press release, Monsanto vice president of biotechnology Steve Padgette said that the availability of these genetic elements can further leverage Monsanto's extensive gene library and lead to the development of crops with a greater number of beneficial characteristics.

Read the press release at http://monsanto.mediaroom.com/index.php?s=43&item=684