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


To: Anthony Wong who wrote (964)1/24/1999 10:44:00 AM
From: Anthony Wong  Read Replies (1) | Respond to of 2539
 
Monsanto gets new federal OK on milk hormone

ST. LOUIS -- Reaffirming that a Monsanto Co. (MTC) drug is safe, the
nation's top health officer has rejected appeals from critics to pull the
genetically engineered product from the market. Donna E. Shalala,
secretary of health and human services, said the critics of BST -- the drug
that increases cows' milk production -- have raised "no new scientific
concerns" about the drug's safety. That means the Food and Drug
Administration, which reports to her, "does not intend to remove the product
from the market," Shalala said in a letter sent Thursday to Vermont Sens.
Patrick J. Leahy and James M. Jeffords. After a slow start, the drug, sold
under the brand name Posilac, has recorded
higher sales each year. Last year, it produced an estimated $200 million in
revenue. Canada's top health agency, HealthCanada, rejected BST last
week. (St. Louis Post-Dispatch)