Valent BioSciences Corporation, a developer of biorational products, has acquired Mycorrhizal Applications Inc., the world’s largest producer of mycorrhizal fungal inoculum.
“The acquisition of Mycorrhizal Applications will allow us to accelerate the development of our rhizosphere strategy and immediately reinforce our strength in the biorational business,” says Ted Melnik, Valent BioSciences executive vice president and COO. “The move affords us the unique opportunity to leverage our internal resources and develop an entire suite of innovative rhizosphere products and technologies that expands our portfolio to meet the needs of growers around the world.”
Mycorrhizal inoculation increases plant productivity by forming a symbiotic relationship with plant roots. Mycorrhizal hyphae attach to roots and radiate out into soil, enhancing access to nutrients and water made available to plants.
The acquisition adds another strategic platform to Valent’s biorational business, providing more tools for the Biorational Window platform being developed with its parent, Sumitomo Chemical Co., Ltd.
