DuPont signs definitive agreements to acquire Verdia Inc., a wholly owned subsidiary of Maxygen Inc., headquartered in Redwood City, Calif.
DuPont signs definitive agreements to acquire Verdia Inc., a wholly
owned subsidiary of Maxygen Inc., headquartered in Redwood City, Calif.
By purchasing Verdia, DuPont will have worldwide, royalty-free,
exclusive rights to use Maxygen's MolecularBreeding[TM] directed
evolution platform (gene shuffling) for agricultural applications across
its Agriculture & Nutrition platform. DuPont plans to retain
Verdia's name, its Bay-area offices and the Verdia leadership team.
COPYRIGHT 2004 Doane Information Service
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.
|
Printer friendly
Cite/link
Email
Feedback
Reader Opinion