It currently operates as an IP holding company for assets relating to crop genetic traits.
In December 2014, Mendel sold its R&D operations and certain assets relating to the discovery and development of agricultural biological products to a subsidiary of Koch Agronomic Services,[1][2] a business division of Koch Industries.
Koch founded a new business unit, Koch Biological Solutions, based on the acquired assets and sourced additional near-to-market biological technologies through in-licenses, supply agreements and strategic investments.
This business unit also operated under the name Mendel Biological Solutions.
The multinational corporation funded certain agricultural biotechnology research undertaken by Mendel.