Monsanto Acquires Biological Research Startup

Posted by |28 September 2011

Monsanto Company has acquired Beeologics, which researches and develops biological tools to provide targeted control of pests and diseases, according to a release.

Beeologics is focused on biological research. Current projects in its pipeline – including a product candidate being developed to help protect bee health – use a naturally-occurring process to provide targeted pest and disease control, according to the company.

Monsanto will use the base technology from Beeologics as a part of its continuing discovery and development pipeline. Biological products will continue to play an increasingly important role in supporting the sustainability of many agricultural systems, according to the companies. Both companies expect that their combined research could provide farmers with novel approaches to the challenges they face.

Monsanto, which has proven expertise in managing a technology pipeline, will support the Beeologics team and its Technology Advisory Board in advancing its pipeline. Beeologics’ work to promote bee health will continue under Monsanto’s ownership.
Terms of the deal were not disclosed.