ALACHUA, Fla., Oct. 30 /PRNewswire/ -- Pasteuria Bioscience, Inc. (http://www.pasteuriabio.com), a Florida biotech company developing biological control products for agriculture's largest unmet pest problem, announced today that David N. Duncan, Ph.D., has been named as the new Chief Executive Officer. Dr. Duncan has also been elected to the Company's board of directors. He succeeds Dr. Kelly Smith who will remain active with the Company as its Chief Technology Officer.
Following his formal education at Indiana State and Michigan State universities, Dr. Duncan joined Monsanto Company where he held positions in product development, marketing, government and regulatory affairs; and as both a commercial development and business unit executive. Notably, Duncan led Monsanto's turf and ornamental business and the development of Dimension(R) turf herbicide. Dimension is today one of the premier products used by turfgrass professionals and homeowners.
After retirement from Monsanto, Duncan took on the CEO role at Chlorogen, Inc. where he raised $10M from a syndicate of venture investors and proceeded to build the company into a highly regarded start-up focused on human therapeutic protein expression and production in tobacco. "I have been involved with groundbreaking technologies and trend-setting companies my entire career. Pasteuria, with its focus on a revolutionary approach to nematode control, offers the same kind of challenge and exciting opportunity to make a difference," said Duncan. "Along with our dedicated science team and the support of committed investors, I am convinced we have the talent and resources to take this technology through scale-up manufacturing, regulatory approval and a successful commercial launch. The global agriculture industry needs this technology-based solution and we intend to bring it to them."
Recent investor LSP through its BioVentures fund is also pleased t
|SOURCE Pasteuria Bioscience, Inc.|
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