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

To: Dan Spillane who wrote (1204)	2/17/1999 10:36:00 AM
From: Anthony Wong	Respond to of 2539

02/17 09:24 Monsanto says British public will accept GM food LONDON, Feb 17 (Reuters) - British public opinion will accept that biotechnology offers valuable benefits once the current controversy over genetic modification dies down, U.S. chemicals giant Monsanto Co <MTC.N> said on Wednesday. Tom McDermott, responsible for public affairs for Monsanto in Europe, accepted a British court's judgement earlier over breaches of environmental rules at an experimental crop site, but stressed that there was no danger involved. "The sole purpose of this trial was to assess the commercial viability of the crop," he said. "It had already gone through all the environmental checks." Monsanto was on Wednesday found guilty of breaching environmental regulations at a test site for genetically modified (GM) crops in eastern England and was fined 17,000 pounds. There has been renewed concern recently over the safety of GM foods, sparked when scientists from Britain, Europe, the United States and Canada came out in support of British-based scientist Arpad Pusztai. Pusztai was forced to retire last year after he said his experiments showed GM potatoes could damage rats' vital organs. McDermott pointed to the adoption of earlier technologies as showing how the GM debate was likely to go. "Often new technology experiences a period of public debate, even with a slight tinge of hysteria." "However, when the technology does have benefits it usually prevails," he said. "The discussion in the UK today is not helping anyone to make up their mind." moneynet.com\Company&Index=0&ID=SF-02/17-AnG17152129@NEWS-P2

To: Dan Spillane who wrote (1204)	2/17/1999 10:45:00 AM
From: Anthony Wong	Respond to of 2539

Argentina May Delay Approval of Monsanto's Modified Corn Seed Bloomberg News February 17, 1999, 7:54 a.m. ET Buenos Aires, Feb. 17 (Bloomberg) -- Argentina may delay the approval of Monsanto Co.'s genetically modified corn for use by the country's farmers, reported newspaper Buenos Aires Economico. While the company's Roundup Ready corn seed has passed all of Argentina's technical tests, the agriculture department still hasn't ruled on the sale of the seed because the altered crop faces opposition from consumers in Europe, a buyer of Argentine corn. Argentine Agriculture Secretary Gumersindo Alonso will rule on the recommendations of his office's markets department, though no time line was given, the report said. Analysts expect Argentina, the world's biggest corn exporter after the U.S., to produce about 14.5 million tons of corn, down 25 percent from last year's record crop of 19.4 million tons after low prices sank planting of the grain. (Buenos Aires Economico 2/17 5) --Susan Schneider in Buenos Aires (5411) 4321-7733 through the