Brazil's Agrivalle Inks New Partnership With Ginkgo Bioworks To Advance Next-Gen Ag Biological Products; No Terms Disclosed
Portfolio Pulse from Benzinga Newsdesk
Brazil's Agrivalle has formed a partnership with Ginkgo Bioworks to develop advanced agricultural biological products, such as next-generation fertilizers and biocontrol agents. The financial terms of the partnership have not been disclosed.

December 08, 2023 | 12:04 pm
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Ginkgo Bioworks has entered into a partnership with Brazil's Agrivalle to develop advanced agricultural biological products, which could enhance Ginkgo's product offerings and market reach.
The partnership with Agrivalle is likely to be viewed positively by investors as it represents an expansion of Ginkgo Bioworks' capabilities and market in the agricultural sector. The development of next-generation products could lead to future revenue streams, although the lack of disclosed financial terms makes it difficult to quantify the immediate financial impact. The news is relevant and important for Ginkgo Bioworks as it aligns with their core business of developing biological engineering products.
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