Tuesday, June 21, 2005

 

RJR and Biosource, part I

Like I said earlier, being able to study past business dealings in the PMP world is pretty interesting to me. As I was persusing through the Tobacco Documents, I noticed a unique relationship between RJR Reynolds and Biosource Technologies (now Large Scale Biology) unfold. Here is the short of it all. At one point in the early 90's, RJR owned 25% of Biosource (now LSBC) and was contracting with Biosource to create tobacco plants with increased levels of nicotine and other goodies. Lets begin with some initial correpsondance Here is a document from Bob Erwin (now chairman of the Board at LSBC) expressing interest in working with RJR after a visit to RJR's facilities. Basically, Biosource wanted funding to work their pharmaceutical production processes. In return, RJR could use GENEWARE for their own product development work (increasing nicotine levels, manipulating flavors, aromas, etc. . .). Here is Gary Hellmann's (RJR R&D) first impressions of Biosource (probably made in preparation of the the visit talked about above). Well, that is all for now, I'll have more of the story later. What, you didn't think you would get it all at once did you?
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