The sweet potato weevil is a very difficult pest to control and it is a serious pest in Africa. So the Bill and Melinda Gates Foundation asked AgBiome if they’d be willing to work on it. They're now entering phase 2.
Though the price of the acquisition was not disclosed, DTN SVP Ed Mattix offered that DTN is a conservative buyer looking to directly profit off of its acquisitions and that there would likely be more to come.
A group of researchers from Harvard University has teamed up with Monsanto to develop what could be the next wave of technology to fight pests that have become resistant to crops genetically-engineered to deter or kill them.