Located at Monsanto's world headquarters, the Nidus Center is a unique ___________ facility. The tenants are biotechnology companies who are at various stages of product development. The agricultural giant, Monsanto, the Danforth Foundation, Washington University-St. Louis, Saint Louis University, and several venture capital firms contribute seed money for these small start-up ventures that receive approval to further develop their ideas at the Nidus Center.

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16-03-2020
Business

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Located at Monsanto's world headquarters, the Nidus Center is a unique ___________ facility. The tenants are biotechnology companies who are at various stages of product development. The agricultural giant, Monsanto, the Danforth Foundation, Washington University-St. Louis, Saint Louis University, and several venture capital firms contribute seed money for these small start-up ventures that receive approval to further develop their ideas at the Nidus Center.

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Evaluate the work below

Lanuel Lanuel · Answer 1 · 2020-03-19T03:21:49+01:00

Answer:

Located at the Monsanto's world headquarters, the Nidus Center is a unique Non-profit Incubator facility.

Explanation:

Mosanto was founded in 1901 as an agrochemicals and agricultural biotechnology corporation.

The Nidus Center, on the Monsanto campus, 893 N. Warson Road, is funded by Monsanto but governed by an independent board.

The Nidus Center for Scientific Enterprise, a nonprofit incubator for plant and life sciences companies, secured its first start-up business known as GenChemiCs.

GenChemiCs, which designs and improves chemical compounds using cutting-edge, computer-based technologies, moved in March 2000. It was founded by University of Missouri-St. Louis Professor William Welsh, who is a Professor of Chemistry.

The start-up also does business with a number of large companies, including Monsanto, Mallinckrodt, Searle and London-based AstraZeneca.