Bayer Cropscience Buys U.S. Biotech Company Athenix

Bayer Cropscience announced that it has entered into an agreement to purchase Athenix, a privately-held independent biotechnology company. The acquisition of Athenix and its innovative technology platform will boost Bayer Cropscience's ability to make available novel technology and complete agricultural solutions to growers worldwide. The acquisition is subject to premerger notification. The final purchase price is yet to be disclosed.