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Bayer CropScience to buy RTP's Athenix

Bayer CropScience agreed to acquire Athenix, a Research Triangle Park biotechnology company developing developing genetically engineered corn and soybean.

Athenix was founded in 2001 and has about 65 employees. Terms of the deal announced this morning weren't disclosed. More details will likely be announced when the deal wins regulatory approval, probably in the next month.

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