SINGAPORE (June 27): Trendlines Group, the Catalist-listed innovation commercialisation company based in Israel, has announced that its Bayer Trendlines Ag Innovation Fund will be establishing a new company, ABI-Ag, to conduct specific research in the field of crop protection.

This is the first investment made by the innovation fund since it was set up in 2016 as a partnership between the group and global enterprise Bayer. The fund includes a US$10 million ($13.9 million) investment from the latter.

In a filing on Tuesday, Trendlines reveals that the aim of the ABI-Ag’s research is to discover and develop a novel and environmentally-friendly pest management platform in the crop protection arena.

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