UPDATE 1-DuPont buying microbiome firm, seeks edge in emerging crop products

April 22, 2015 5:40 PM

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April 22 (Reuters) - DuPont is buying a California-based microbiome discovery company for development of biological crop products, a move that the chemical and crop company hopes will give it an edge in an emerging agricultural market.

DuPont's announcement on Wednesday did not disclose how much it is paying for Taxon Biosciences Inc, but said the 15-year-old company brings a "broad intellectual property estate" that will contribute to new DuPont seed treatments, and foliar and soil applications for row crops, fruits and vegetable...

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