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RNA

GreenLight to go public via $1.2 billion SPAC deal

by Michael McCoy
August 19, 2021 | A version of this story appeared in Volume 99, Issue 30
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Most Popular in Biological Chemistry

 

GreenLight Biosciences will go public by merging with a special purpose acquisition company (SPAC) in a deal that values GreenLight at about $1.2 billion. The Massachusetts-based firm was formed in 2008 to develop a cell-free method of making RNA. It is pursuing both agriculture and human therapeutic markets. GreenLight says one of its first products will be an RNA-based pesticide that protects potatoes from the Colorado potato beetle.

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