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To: Anthony Wong who wrote (1344)1/22/1999 8:43:00 AM
From: Anthony Wong  Read Replies (1) | Respond to of 1722
 
Monsanto seeks OK on sweetener

Friday, January 22, 1999

By Robert Steyer
Of The Post-Dispatch
Monsanto Co. said Thursday it has asked the Food and Drug Administration to
approve a new artificial sweetener that the company says is 6,000 to 8,000 times
as sweet as sugar.

Monsanto has spent 17 years researching and developing the sugar substitute,
which was once called Sweetener 2000 and is now known as Neotame.

The new sweetener would build upon the powerful franchise of
aspartame-based sweeteners - NutraSweet for food ingredients and Equal for
table-top uses. These sugar substitutes, now subject to generic competition, are
200 times as sweet as sugar.

The Neotame application covers uses ranging from diet soft drinks to baked
goods to desserts. Thirteen months ago, Monsanto asked the FDA to approve
the sweetener for table-top uses, but the FDA hasn't acted yet.

Monsanto's petition was made as other companies have stepped up marketing
efforts of brand-name sweeteners against NutraSweet, which still dominates the
sugar substitute market.

Germany's Hoechst Group is selling Sunett, also known as acesulfame
potassium, for use in a number of products, including Pepsi One. The FDA
approved Sunett for the crucial diet soft drink market in July.

Johnson & Johnson received FDA approval in April for Splenda. This sugar
substitute, whose chemical name is sucralose, has been approved for 15 food
categories, among them diet soft drinks.

Monsanto's Neotame announcement was a low-key, one-sentence mention in the
company's report on 1998 financial results. "We didn't want to raise
expectations because it takes a fair amount of time to get sweeteners
approved," said Lori Fisher, a Monsanto spokeswoman.

Copyright (c) 1999, St. Louis Post-Dispatch

stlnet.com