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Biotech / Medical : Monsanto Co.
MTC 2.790-0.4%Jan 22 3:59 PM EST
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To: Dan Spillane who wrote (1712)3/18/1999 7:23:00 PM
From: Anthony Wong  Read Replies (2) of 2539
 
Monsanto Issues Statement Rejecting E.U. Warning On Hormone

NEW YORK (Dow Jones)--Monsanto Co. (MTC) issued the following statement in
response to an earlier report on Dow Jones Newswires that a European Union
veterinary committee had stated that the hormone Bovine Somatotropin (BST) may
be tied to cancer and other health problems:

'In January 1999, the U.S. Food and Drug Administration reaffirmed that milk,
meat and dairy products from BST-supplemented cows are safe for humans. The
European Union's Committee on Veterinary Medicinal Products (February 1993),
the World Health Organization's Joint Expert Committee on Food Additives
(February 1998), Health Canada (January 1999), and regulatory agencies in a
number of countries have all concluded that BST is safe for people and animals.

'Concerns raised about carcinogenic effects with this product have also been
thoroughly studied and dismissed (over the past decade) by the same regulatory
bodies as well as the American Cancer Society and the U.S. National Institutes
of Health.

'Additionally, a moratorium on BST use imposed by the E.U. Commission some
years ago (as noted in the Dow Jones story) was based on economic and political
considerations and not on factors related to animal or human safety.'

(END) DOW JONES NEWS 03-18-99
05:07 PM
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