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Argentine seed and agrochemical supplier Bioceres group has postponed its initial public offering (IPO) “due to volatile market conditions”.
The US biopesticide company, Marrone Bio Innovations (MBI – Davis, California), has completed its $30 million private placement transactions with certain institutional investors, including Ospriae Ag Science, and the conversion of $45 million of outstanding debt into equity.
Brazilian agricultural start-up company Genica (Piracicaba) has raised R$6 million (US$1.9 million) through a share issue in order to invest in biological control products with a focus on Asian soybean rust (Phakopsora pachyrhizi).
UPL seed business Advanta Seeds has opened a biotechnology facility in College Station, Texas, US.
Italian biostimulants company Valagro (Atessa) and the Italian Basilicata region’s agency for development and innovation in agriculture (Alsia) have opened a joint laboratory.
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