Monsanto Acquires Agradis to Support Agricultural Biologicals Business

Monsanto announced it has purchased select assets of Agradis, Inc. (Agradis), which focuses on developing sustainable agricultural solutions. Monsanto's purchase includes the Agradis name and its collection of microbes that can improve crop productivity. Monsanto has also acquired the company's R&D site in La Jolla, California.
   The assets of Agradis not purchased by Monsanto include castor and sweet sorghum breeding and genetic optimization technologies, as well as a novel product used to prevent fungal growth on fruits and vegetables. These assets will continue to be advanced by original owner SGI and Plenus in a new company, AgraCast.