HOME >> BIOLOGY >> NEWS
Modular Genetics, Inc., strikes deal with Monsanto

(Boston) -- Genes that could bolster crop yields, improve nutritional content, or make food crops more disease resistant can now be more easily identified and developed because of breakthrough technology developed by Modular Genetics Inc. (MGI), a Woburn, Mass.-based biotechnology company.

MGI recently struck a three-year collaborative deal with St. Louis-based agribusiness giant Monsanto to apply MGI's technology to agriculture. The patented technology, known as a protein optimization platform, assembles and screens proteins that have promising agricultural traits.

The deal marks a huge step forward for MGI, a company that has been growing for the past four years with the help of Boston University's Technology Development Fund (TDF, formerly the Community Technology Fund). According to Terence Brennan, who heads up life science investing for the fund, TDF led the last round of financing for MGI in May 2004.

"It can take five or more years to move a company like MGI from seed to full-fledged company," says Brennan. "The rough economic patch we've recently weathered has made fund-raising difficult. But we've remained innovative in how and where we look for support to grow our companies. This collaboration between Monsanto and MGI reflects one success from that sort of innovative approach."

MGI co-founders, Kevin Jarrell, a former BU faculty member, and Temple Smith, a professor of biomedical engineering in BU's College of Engineering, developed the company's technology.

Fundamentally a system for building and modifying genes by selecting and linking together segments of DNA, MGI's high-throughput gene-engineering platform cuts the time needed to identify useful protein products. The technology provides a big advantage to researchers who seek to discover genes that help produce new crops, drugs, or other products.

"We are very pleased to have established a strong collaborative relationship with Monsanto," say Ja
'"/>

Contact: Ann Marie Menting
amenting@bu.edu
617-358-1240
Boston University
28-Mar-2005


Page: 1 2

Related biology news :

1. Modular leukemia drug shows promise in early testing
2. Health disparities -- Genetics, society and race play an important role in access to healthcare
3. Oncolytics Biotech Inc., research collaborators demonstrate reovirus/gemcitabine
4. Homestake strikes gold again
5. Stanford/Packard scientists data-mining technique strikes genetic gold
6. ASU geologists suggest Mars features are result of meteorite strikes, not of evaporated lakes
7. Gene therapy works in mice to prevent blindness that strikes boys
8. Frontiers in cancer prevention research: Defeating cancer before it strikes
9. Sandia National Laboratories and Monsanto Company announce cooperative research agreement
10. Monsanto fund awards $3.7 million to Washington University for school science van program

Post Your Comments:
*Name:
*Comment:
*Email:


(Date:3/29/2017)...  higi, the health IT company that operates the ... , today announced a Series B investment from ... The new investment and acquisition accelerates higi,s strategy to ... population health activities through the collection and workflow integration ... collects and secures data today on behalf of over ...
(Date:3/27/2017)... 2017  Catholic Health Services (CHS) has been ... (HIMSS) Analytics for achieving Stage 6 on the ... In addition, CHS previously earned a place in ... electronic medical record (EMR). "HIMSS Analytics ... EMR usage in an outpatient setting.  This recognition ...
(Date:3/24/2017)... Mar 24, 2017 Research and Markets has ... Market Analysis & Trends - Industry Forecast to 2025" report ... ... at a CAGR of around 15.1% over the next decade to ... report analyzes the market estimates and forecasts for all the given ...
Breaking Biology News(10 mins):
(Date:4/25/2017)... ... , ... Leaders of Quorum Review IRB and Kinetiq , ... this week’s Association of Clinical Research Professionals (ACRP) 2017 Meeting & Expo ... "We are excited to present subject matter expertise on topics that impact the global ...
(Date:4/21/2017)... Austin, TX (PRWEB) , ... April 21, 2017 , ... ... more than a year, Formaspace is pleased to introduce it to top lab design ... Carolina. Formaspace CEO Jeff Turk and VP of Industrial Design and Engineering Greg Casey ...
(Date:4/21/2017)... ... 2017 , ... Frederick Innovative Technology Center, Inc. (FITCI), a ... technology start-ups, is hosting “Celebration Friday” (a festive gathering highlighting client success stories) ... and networking at 3:30 p.m. at FITCI’s 4539 Metropolitan Court location, off English ...
(Date:4/20/2017)... , April 20, 2017  Eli Lilly and Company ... data evaluating galcanezumab for the prevention of migraine at ... will take place April 22-28, 2017, in ... four abstracts at AAN, including safety and patient outcomes ... associated with a reduction in monthly migraine headache days ...
Breaking Biology Technology:
Cached News: