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Bayer Buys Biotech Co. Icon Genetics

Filed in archive Drugs, Vaccines and Therapeutics , Food and Agriculture , Patents and Intellectual Property Rights by ruth on January 12, 2006

Molecular Farming : Plant-made Pharmaceuticals and Technical Proteins


The chemical company Bayer AG said Wednesday it has acquired Icon geneticslinks AG, a biotech company working on methods for the development and use of engineered plants for producing pharmaceuticals and other high-value compounds.

The acquisition will strengthen Bayer's activities aimed at producing specific pharmaceutical substances in plants (plant-made pharmaceuticals, or PMPs). This technology utilizes the natural protein production processes in plants as a way of producing therapeutically active substances.


Icon Genetics AG has more than 40 patents that have been granted or applied for, including:
  • RNA-Virus-Derived Plant Expression System
  • Safe Production of a Product of Interest in Hybrid Seed
  • Process of Producing a Plastid-Targeted Protein in Plant Cells
  • Plant Transformation with in vivo Assembly of a Sequence of Interest
  • Method of Protein Production in Plants
  • Commercial Use of Arabidopsis for Production of Human and Animal Therapeutic and Diagnostic Proteins
Click here for a list of Icon Genetics' published patents.

Source: BayNews


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