Forage Genetics expands alfalfa footprint

FGI and Monsanto announce alfalfa commercial and research agreements to support innovation for alfalfa growers.

Forage Genetics International (FGI) and Monsanto announced that FGI has acquired all of the commercial rights from the parties' existing alfalfa research collaboration and that Monsanto has licensed to FGI certain intellectual property relating to its alfalfa traits and technology.

Monsanto received a one-time, upfront licensing fee of $210 million for these rights. The deal is expected to support the ongoing discovery and commercial delivery of innovative alfalfa seed products thr

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