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Article: Paradigm Genetics Enters Into Collaboration Agreement For Gene Function Research.
- Article from:
- PR Newswire
- Article date:
- January 24, 2000
CopyrightCOPYRIGHT 2000 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RESEARCH TRIANGLE PARK, N.C., Jan. 24 /PRNewswire/ -- Paradigm Genetics, Inc. (Paradigm) has signed a broad collaboration agreement with Monsanto Company in the field of functional genomics. Under the terms of the agreement, Paradigm will develop functional genomics data by analyzing the product of Monsanto's gene sequencing, bioinformatics and functional genomics research, creating a product discovery platform for commercialization. Under terms of the agreement, Paradigm will receive $55 million in committed payments. Additional financial terms were not disclosed.
Paradigm brings to this collaboration its expertise in gene function analysis and ...