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Monsanto and AgriMetis Announce Global Licensing Agreement to Drive Novel Insect Control Solutions

ST. LOUIS & LUTHERVILLE, Md.--(BUSINESS WIRE)--Monsanto Company (NYSE: MON) and AgriMetis, LLC have announced an exclusive collaboration for Monsanto’s continued research with AgriMetis’ SpinoMetis™ platform, which includes novel insect protection compounds derived from a naturally-occurring bacterium. The SpinoMetis platform builds on the established safety and efficacy profiles of other products of the same origin to provide a semi-synthetic, broad-spectrum approach to controlling key insect pests in agriculture. In early research, the platform has been shown to be comparable or superior to commercial comparators in trials evaluating performance against lepidopteran, hemipteran, and other pests.