Updated Dec. 10, 2013 at 9:28 a.m.

Premium Lock Monsanto to pay Novozymes $300M in forming 'bioag' product alliance

Published: 2013-12-10 09:04:00
Updated: 2013-12-10 09:28:13

Novozymes' facility in Franklinton  Novozyme's facility in Franklinton Image 1 of 2 · Next Image…

Crop giant Monsanto is teaming up with microbial and enzyme technology firm Novozymes to form a partnership that will target development of bioagricultural products that the companies say will be "sustainable." The deal includes a $300 million upfront payment to Novozymes, which operates its North American headquarters in Franklinton....

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