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China licenses Genus' biotech pigs

Beijing Capital Agribusiness has acquired the license to Britain-based Genus' virus-resistant biotech pigs. Under the terms of the deal, Genus will get upfront and milestone payments of $20 million, and Beijing Shou Nong Future Bio-Tech, which will soon be launched by BCA, will fund the development of the pigs, which are resistant to porcine reproductive and respiratory syndrome, and seek its regulatory approval in China.

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