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


To: Dan Spillane who wrote (1130)2/10/1999 4:21:00 AM
From: SteveR  Read Replies (1) | Respond to of 2539
 
02/10 03:33 Monsanto's Celebrex is No. 2 in prescriptions -WSJ

NEW YORK, Feb 10 (Reuters) - Monsanto Co.'s <MTC.N> arthritis pain drug Celebrex generated prescriptions in its third week on the market at more than six times those of cholesterol drug Lipitor at a comparable stage, the Wall Street Journal said on Wednesday.

Celebrex produced 82,000 prescriptions in the week ended Sunday, making it the second-fastest start for a new drug in recent years, surpassing Lipitor, which had 13,100 prescriptions written in its third week in 1997, according to a report by pharmaceutical information provider NDC Health Information Services, the paper said.

Lipitor, which is co-marketed by Warner-Lambert Co. <WLA.N> and Pfizer Inc. <PFE.N>, is expected to generate $3.1 billion in sales this year, the paper said.

Celebrex's sales are exceeded only by those of Pfizer impotence drug
Viagra, which sold 224,100 prescriptions in its third week, the paper said.

Pfizer is also co-marketing Celebrex with Monsanto.
Monsanto shares fell 11/16 to 45-1/8 and Pfizer shares fell 6-1/8, to 125-1/4 in New York Stock Exchange trade Tuesday, a day the Dow Jones
Industrials lost 1.70 percent falling 158.08 to 9133.03.

((--New York Newsdesk (212) 859-1700))

COPYRIGHT © 1998 REUTERS LIMITED. ALL RIGHTS RESERVED.



To: Dan Spillane who wrote (1130)2/10/1999 7:34:00 PM
From: Anthony Wong  Respond to of 2539
 
02/10 18:51 EPA Grants Approval to Increase Monsanto's YieldGard Corn Acres in South

EPA Grants Approval to Increase Monsanto's YieldGard Corn Acres in South
ST. LOUIS, Feb. 10 /PRNewswire/ -- Corn growers, who had been severely
restricted in the amount of YieldGard (MON-810) insect-protected corn they
could plant in cotton-producing regions of the South, are now able to plant up
to 50 percent of their acres with these improved hybrids that protect the corn
plant against European corn borer, Southwestern corn borer, and other insects.

Monsanto Co. received approval from the U.S. Environmental Protection Agency
to increase the amount of YieldGard insect-protected corn that can be grown in
cotton producing regions of the South.

"We are pleased that the EPA was responsive to our petition and the data
we submitted," said Eric Sachs, YieldGard business director for Monsanto.

"Growers in the South have told us they have been extremely frustrated that
they have not been given full access to this environmentally responsible
technology that will allow them to increase their corn yields. We will
continue working to get them more access in 1999."

Sachs said he is optimistic that the EPA will continue to review data
submitted by Monsanto and further lift restrictions in the northern
corn-cotton growing regions so that growers can benefit more fully from
YieldGard's protection. The EPA had significant input from grower
organizations, as well as congressional delegates during their consideration
of lifting the limitations on this valuable technology. Also, Monsanto will
continue to participate fully in the Insect Resistance Management coalition
which consists of Bt corn registrants. This effort is being promoted by the
National Corn Growers Association in an effort to introduce an industry wide
refuge plan for the year 2000.

YieldGard and other insect-protected corn brands had been restricted in
the South because of concern that a species of insect could develop resistance
to the protective gene in the corn. The corn contains a gene from Bacillus
thuringiensis (Bt), which protects corn from specific pests, including corn
earworm and Fall armyworm. The corn earworm is the same species as the cotton
bollworm, a major pest of cotton. In a typical year of corn borer pressure,
YieldGard hybrids produce about 7 percent more corn per acre than ordinary
corn.

As a life sciences company, Monsanto is committed to finding solutions to
the growing global needs for food and health by sharing common forms of
science and technology among agriculture, nutrition and health. The company's
30,000 employees worldwide make and market high-value agricultural products,
pharmaceuticals and food ingredients.

YieldGarde(R) is a registered trademark of Monsanto Company.
SOURCE Monsanto Company

-0- 02/10/99

/CONTACT: Randy Krotz of Monsanto Company, 314-694-6193, or e-mail,
randy.p.krotz@monsanto.com/
/Web site: monsanto.com

-- CGW080 --
2618 02/10/99 18:36 EST prnewswire.com

Copyright PR Newswire 1998. All rights reserved.