Bioceres closed an agreement with Arcadia, within an investment package of $32 mn

Bioceres closed an agreement with Arcadia, within a $32 mn investment packageBioceres, through its subsidiary Bioceres Crop Solutions, closed a deal with the US firm Arcadia Biosciences and its licensors. Bioceres purchased exclusive and non-exclusive licenses for a portfolio of 94 patents and patent applications on a wheat-related technology package. The acquisition of these intellectual property assets is part of a $32 million transaction announced by Bioceres Crop Solutions, in which the company also consolidated its position in HB4 Soy and other technologies.

Source: Ámbito