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Biotech / Medical : Monsanto Co. -- Ignore unavailable to you. Want to Upgrade?


To: Dan Spillane who wrote (2173)6/16/1999 1:22:00 PM
From: Anthony Wong  Read Replies (1) | Respond to of 2539
 
Celebrex gaining market share:

Monsanto's (MTC) Celebrex total prescription market share for arthritis drugs was 20.4% versus 20.1% a week ago. It looks like the strong Merck (MRK) Vioxx launch is so far taking share from the older NSAID products and not from Celebrex. Stay tuned as two strong sales forces (MRK versus MTC & PFE) are battling for supremacy.

From Will's Pharmaceutical Commentary (June 15):
labpuppy.com



To: Dan Spillane who wrote (2173)6/16/1999 6:55:00 PM
From: Anthony Wong  Read Replies (2) | Respond to of 2539
 
Protestors Destroy Gene Beet At British Farm Show

Updated 2:30 PM ET June 16, 1999

By Peter Blackburn

ROYSTON, England (Reuters)
- Protestors destroyed a trial
plot of genetically modified
(GM) sugar beet at an agricultural show in eastern England.

The attack was the latest in a series on genetically modified
crops, both at the show and at some 300 trial sites in Britain.

"A small number of protestors in white suits walked through
our stand and started to destroy the GM beet plants," Colin
Merritt, Monsanto PLC biotechnology development manager,
told Reuters.

Merritt said the site demonstrated the environmental benefits of
using Monsanto Co.'s Roundup Ready herbicide, which he
claimed encouraged wildlife by allowing weeds to grow longer
and provide a source of food.

Environmental campaigners say gene modified crops harm the
environment and threaten food safety.

"We wanted to show farmers that if they planted genetically
modified plants they will be ripped up," Martin Shaw,
campaigner for Manchester-based environmental group
GenetiX Snowball, told Reuters.

Shaw said the demonstration by four activists was peaceful and
no arrests were made.

"While Monsanto demonstrate their genetically modified plants,
we demonstrated responsible action by removing the plants for
disposal as a bio-hazard," the group said in a statement.

Other plots at the show have been attacked in recent weeks,
including a non-GM rapeseed demonstration site set up by
Switzerland's Novartis AG.

"Farming must be allowed to evaluate new technologies free
from the threat of anti-democratic behavior," said Steven
Smith, Novartis Seeds chief executive officer.

A non-GM rapeseed demonstration plots set up by the
National Institute of Agricultural Botany (NIAB) has also
recently been damaged.

"This mindless vandalism is preventing data being collected for
deciding on whether to proceed with GM crops," said NIAB
marketing director Simon Draper.

Monsanto's Merritt said GM trials would continue despite the
mounting campaign against them.

"It won't stop the GM program," Merritt said. "But it will force
us to do valuable research in other parts of Europe."

British farmers would have to wait longer before being able to
use the new technology, which would make them less
competitive.

Plant breeders say farmers will achieve higher yields and lower
costs by using gene modified crops.

The United States is already marketing GM maize and
soybeans and plans to bring GM sugar beet onto the market
next year.

news.excite.com