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Durham ag-biotech Oerth Bio shuts down after failed funding round

Summary by The Business Journals
Oerth Bio, a Durham biotech launched in 2019 by Bayer and Connecticut-based Arvinas to apply protein-degradation technology to crop protection, is closing after a failed funding round. The 45-employee firm will auction lab equipment in December. Bayer said it still sees long-term agricultural potential in Oerth’s PROTAC technology.

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The Business JournalsThe Business Journals
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Durham ag-biotech Oerth Bio shuts down after failed funding round

Oerth Bio, a Durham biotech launched in 2019 by Bayer and Connecticut-based Arvinas to apply protein-degradation technology to crop protection, is closing after a failed funding round. The 45-employee firm will auction lab equipment in December. Bayer said it still sees long-term agricultural potential in Oerth’s PROTAC technology.

·United States
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The Business Journals broke the news in United States on Tuesday, November 4, 2025.
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