NewLeaf Symbiotics acquires Intuitive Genomics
The US agricultural biotechnology company, NewLeaf Symbiotics (St Louis, Missouri), has acquired US genomics firm Intuitive Genomics (St Louis, Missouri). Both companies are based at the Donald Danforth Plant Science Center. NewLeaf is seeking to commercialise naturally beneficial plant bacteria for crop health and protection. The use of natural biologicals to control plant disease and increase crop yield is "one of the most promising opportunities to address the rapidly expanding global agricultural productivity gap", NewLeaf states. The acquisition of Intuitive Genomics' computational and bioinformatics capabilities complements NewLeaf's R&D and product pipeline and positions the company as "a top player in the burgeoning biologicals category", it adds. NewLeaf was founded by a group of entrepreneurs and former Monsanto scientists and executives. It is researching pink pigmented facultative methylotrophs and is the exclusive licensee of several patents on the use of these bacteria.