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International Plant Science Company Achieves Key Milestone at BRDG Park
BRDG Park Tenant Gains Momentum with new Natural Product for Agriculture Development
"These fungi play a critical role in the health and productivity of 90 percent of plant species in natural areas and form with most major crop species; they also reduce the need for water and chemical fertilizers,”
The plant science company utilized the Danforth Center’s state-of-the-
“The launch of SyMyco’s natural product is a significant milestone for the company and the BRDG Park ecosystem,” said Sam Fiorello, president of BRDG Park. “The success of our tenants strengthens our unparalleled reputation and commitment to build and grow a thriving ag-tech sector with home grown and international entrepreneurs.”
The flourishing company is expected to more than double its revenue in 2014 and is planning to launch other commercial products in the market. SyMyco increased its staff by 60%, including hiring lab technicians from the St.Louis Community College’s Center for Plant and Life Sciences bio-technician training program and are also currently reviewing expansion plans at BRDG Park for 2014.
SyMyco is a subsidiary of Symbiotic Sciences Ltd. which is headquartered in New Delhi, India and is a joint venture partner with Mycorrhizal Applications Inc., a company based in Oregon.
SyMyco is a newly created subsidiary of Symbiotic Sciences (www.symbioticsciences.com), based in New Dehli, India. SyMyco’s family of biological fertilizers reduce the need for water and chemical fertilizers. Based on sterile, genetically pure, non-pathogenic mycorrhizae (fungus-roots)
Mycorrhizal Applications, Inc. (www.mycorrhizaecom (http://www.mycorrhizae.com/
About BRDG Park at the Danforth Center
Bio-Research & Development Growth (BRDG) Park at the Danforth Plant Science Center helps life sciences companies bridge research, resources and relationships to achieve commercial success. In addition to providing world-class wet laboratories, office space and a prominent incubator, BRDG Park’s location on the Danforth Center’s campus facilitates access to the intellectual capital of top scientists, as well as to greenhouse, growth chambers, microscopy and proteomics facilities and other vital resources. Located in suburban St. Louis County, Missouri, BRDG Park is being developed by Wexford Science +Technology LLC, a BioMed Realty Company, a development company led by a seasoned team of real estate, finance and engineering expert specializing in major university facilities and science research parks nationwide. More information is available at www.BRDG-Park.com (http://brdg-