AgriMetis Opens New Lab in Gaithersburg, Maryland
LUTHERVILLE, MD – July 26, 2018 – AgriMetis, LLC is pleased to announce the opening of its new laboratory in Gaithersburg, Maryland. The new laboratory is located at 401 Professional Drive, which is in the heart of the Maryland Biotech region along the I-270 corridor.
The space was newly renovated and built to suit AgriMetis’ unique strategy. AgriMetis will continue to utilize a largely outsourced, asset light model, but this will allow the company to expand and improve its internal capabilities.
“We can now more effectively combine our biology and chemistry activities to accelerate our development programs,” commented Steven Tuttle, AgriMetis President and CEO. “This larger and modern laboratory can support our expanding programs.”
In an evolving and growing global population, there continues to be an increasing demand for sustainable, crop protection products. AgriMetis is committed to working with leading agriculture companies and businesses to fill this emerging need.
Our mission is to innovate sustainable crop protection products through leading edge and advanced discovery, development and delivery methods.
The AgriMetis technology platform is at the interface of biology, biochemistry, and chemistry. AgriMetis’ scientific approach is multidisciplinary and integrated, which allows AgriMetis to exploit areas of chemical space and production routes that are inaccessible to others.
AgriMetis was formed in March 2014 and completed a Series B financing in December 2016 to fund agriculture chemical research and development by applying a biopharmaceutical model. With headquarters near Baltimore, Maryland, AgriMetis continues to grow and develop its technologies and capabilities.
For more information, please visit our website at http://www.agrimetis.com
This press release contains “forward-looking statements” concerning the development of AgriMetis’ products, the potential benefits and attributes of such products, and the company’s expectations regarding its prospects. Forward-looking statements are subject to risks, assumptions and uncertainties that could cause actual future events or results to differ materially from such statements. These statements are made as of the date of this press release. Actual results may vary. AgriMetis undertakes no obligation to update any forward-looking statements for any reason.