Grassroots Biotechnology, fronted by CEO Doug Eisner, was nabbed by Monsanto for an undisclosed sum earlier this month. The company, which developed a gene expression platform and other agricultural technologies to complement Monsanto’s portfolio, was founded in 2007 by Eisner and Duke’s Dr. Philip Benfey.
GrassRoots Biotechnology, Inc., an agricultural biotechnology company, develops and commercializes biofuel, food, and industrial crops. It conducts research to create improved biofuels feed stocks, such as switchgrass and sorghum, which are biomass crops for the Southeast. The company was founded in 2007 and is based in Durham, North Carolina. As of June 21, 2013, GrassRoots Biotechnology, Inc. operates as a subsidiary of Monsanto Company.