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


To: Anthony Wong who wrote (581)11/20/1998 8:35:00 AM
From: John F Beule  Read Replies (1) | Respond to of 2539
 
Thanks for the quick response!

I'm glad the media has dubbed it "superaspirin" that's a great (hype) word!

Go Long!

John



To: Anthony Wong who wrote (581)11/20/1998 5:45:00 PM
From: Anthony Wong  Respond to of 2539
 
Monsanto says does not conduct India experiments

Friday November 20, 4:46 pm Eastern Time

NEW YORK, Nov 20 (Reuters) - Agrochemicals company Monsanto Co. (NYSE:MTC - news) said on Friday that it does not own and did not develop a ''terminator'' seed or gene technology and is not conducting any field trials with such a gene in India.

In a written response to a Reuters article from Bangalore, India, from November 19, in which the Karnataka State Farmers Association alleged that U.S.-based Monsanto had been undertaking ''terminator gene'' experiments in that country, Monsanto also denied that the gene technology existed.

''Monsanto does not own and did not develop the so-called 'terminator gene'...'' the company said in a statement.

The phrase ''terminator gene'' refers to a technology that the farmers group alleged is used to switch off the reproductive cycle of plants.

Monsanto said in the statement that no commercially viable seed-protection technology exists today, nor is it likely to exist for several years, although Delta and Pine Land Seed Co. and the U.S.
Department of Agriculture own a joint patent on one potential technology.

''The Delta and Pine Land/USDA technology is still being researched and is yet to be demonstrated to work,'' Monsanto said.

Monsanto added that it was seeking to buy Delta and Pine Land, but final agreement had not been reached.