Monsanto acquires plant trait developer Rosetta Green Monsanto announced it has completed the purchase of substantially all of theassets, and assumption of certain liabilities, of Rosetta Green Ltd. Terms not disclosed.
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Tekmira receives $1.5M milestone payment from Monsanto Tekmira Pharmaceuticals (TKMR) announced that it has received a $1.5M milestone payment from Monsanto (MON) following completion of specified program developments. The development milestone is part of the research program under the option agreement Tekmira signed with the agriculture company, which was announced on January 13. The option agreement relates to Tekmira's proprietary delivery technology and intellectual property for use in agricultural applications. The potential value of the transaction could reach up to $86.2M, following the successful completion of all program milestones.