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Monsanto, AgraQuest reach seed treatment deal

AgraQuest and Monsanto have entered into a three-year collaboration to evaluate the potential use of AgraQuest's pipeline of biopesticide leads to develop seed treatments for Monsanto's core crops and vegetables. The deal is aimed at developing products to control nematodes, disease and insects, and enhance plant growth and yield, using AgraQuest's collection of microbes. AgraQuest will receive an upfront payment and research funding, as well as performance-based payments and royalties.

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