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


To: Dan Spillane who wrote (1216)2/17/1999 1:55:00 PM
From: Anthony Wong  Respond to of 2539
 
Environmental group vs biotech company
Transgenic food is big business

BBC
Tuesday, February 16, 1999 Published at 22:06 GMT

Controversy over genetically modified food is reaching
ever-greater heights.

We brought the two opposing sides of the GM argument
together in a head-to-head confrontation.

Dr Ian Taylor is the Scientific
Political Adviser for Greenpeace,
and Clive Rainbird is Biotechnology
Communications Manager for
manufacturers AgrEvo.

Click on the questions below to see
the views of manufacturers and ecologists on the issues
surrounding GM food production.

Do we need genetically modified food?

What are the effects on human health of eating it?

Should GM crops be subjected to clinical trials?

Some GM crops are designed to resist specific
powerful pesticides. Will the use of these pesticides
harm the environment?

Will pollen from GM crops land on non-GM plants and
create "superweeds"?

Is it wise to directly manipulate genes - for example
putting animal or bacterial genes into plants - rather than
letting nature take its course?

Isn't the whole exercise just a money-making ploy,
designed to make farmers reliant on particular providers
of seeds and pesticides?

Do we need genetically modified food?

Greenpeace: No - and in addition to not needing it, poll
after poll shows that the public does not want it.

There are two arguments put forward saying we do need
it - one is that we need GM food to feed the people of the
world - the other is that it is the way forward for British
and European agriculture.

The fact is that there is sufficient food in the world to
feed everyone. It is poverty and inequality which leads to
people not getting enough.

The production of GM food is
motivated by profit. As far as
agriculture in the UK and
Europe goes, all the
supposed benefits of GM
foods are completely
speculative, yet we know that
it is scientifically, quantifiably
proven that organic
agriculture is healthier.

AgrEvo: Yes. To maintain a
thriving countryside, natural
biodiversity must be
increased while allowing farmers to produce our good
and remain in business to prevent a collapse of country
life.

One way of achieving this without paying higher prices
required for organic production is, along with traditional
plant breeding, the adoption of GM technology.

The key benefits from this new technology are food
security - there is a need to double food supply by 2025
due to population increases, changes in diets and
natural disasters brought about by climate changes.
Less arable land will be available and there will be a
need to destroy more primary habitat unless technology
meets the challenge.

And environmentally, we can make agriculture more
sustainable by lowering pesticide use and by increasing
efficiency through producing higher yields. We need to
produce more food on less land and do so in a more
sustainable manner.

What are the effects on human health of
eating it?

Greenpeace: There is an enormous depth of scientific
ignorance and uncertainty about what the immediate or
long-term effects of placing GM foods into the food
chain.

Time after time the expert community has been proved
to be wrong, and the public is fairly sceptical of its
opinion.

Specific health concerns associated with GM foods have
included the development of soya using a gene from
Brazil nuts. The soya produced the allergic nut reaction.
This was removed because developers knew to look for
the allergy. But what about factors that are not even
known, and not looked for?

Another aspect is antibiotic
resistance. Some maizes
were developed to contain
antibacterial properties. If
those were to be transferred
to bacteria, they could
become resistant to
antibacterial drugs.

AgrEvo: No GM products are
allowed into the food chain if
there is any likelihood of
harm to human health. All
such products are, and have
been, subjected to stringent
regulation at both UK and pan-European levels. This
mean that we can have even greater confidence in the
safety of GM than non-GM food (non-GM foods are not
subject to the same level of scrutiny).

Safety assessments of GM foods are quite different from
those that were applied in the case of BSE which has
reduced the public's confidence in the regulatory
process. With BSE the assumption was that the public
would not be exposed to the hazard (BSE).

With GM foods it is assumed that the public will
ultimately consume it and it is the consequences of
exposure to them that are assessed so that these crops
are only licensed if they are shown to be safe.

Should GM crops be subject to clinical trials?

Greenpeace: At the moment we seem only to be
concerned with acute exposure to toxins - and we test
pharmaceutical products.

But we only ingest a small amount of drugs in a lifetime -
as opposed to tons of food.

AgrEvo: GM crops are
already subject to stringent
environmental regulations
that are designed to ensure
that no crop is licensed if it is
likely to be of harm to the
environment or to humans
who come into contact with
it.

It is the produce from the
crop that would be consumed
by humans that could be
considered for clinical trials.
However, it should be
realised that GM crops are completely different from
pharmaceuticals that are specifically designed to kill
micro-organisms and/or directly affect parts of the
human body.

GM crops are the same as non-GM crops except for one
or two genes out of 50 - 70,000 genes already present in
nature. For this reason there is no justification for
categorising them in the same way as highly active
drugs.

This is also the opinion of the US Food and Drug
Administration, one of the most stringent regulatory
authorities in the world. However, GM crops are
subjected, together with the food products in which they
are contained, to international food safety assessments.

Back to top

Some GM crops are designed to resist
specific powerful pesticides. Will the use of
these pesticides harm the environment?

Greenpeace: Broad spectrum herbicides kill every sort
of weed that may grow in a field.

You would not usually be able to use these pesticides
while your crops are growing, because it would kill them.

However, the patent on the herbicide Round Up is
running out and manufacturers have developed a plant
that is resistant to it.

The monetary gains for them are obvious, but in terms of
wildlife, all other plants will be banished from the fields at
all times of the year, and the animals which eat those
plants and rely on them, will no longer be able to do so.

Fields will become even more
of a desert than they already
are. Another aspect is that
crops which are engineered
to be poisonous to some
insects are being developed -
but there have been reports
from Canada which say that
they are also killing
lacewings - which
themselves are predators.

AgrEvo: The use of the term
"powerful pesticide" is
misleading, as they have no
more, often less effect on beneficial insects, wildlife and
the wider environment than the older products they
replace.

The perception that they are powerful arises from their
ability to control a wider range of weeds and weed sizes.

However, the ones currently being developed (glufosinate
ammonium and glyphosate) are biodegradable and do
not persist in the soil. Furthermore, in those countries
that have adopted these new crops, farmers and growers
are reporting a reduction in the amount of pesticide being
used. This clearly has major environmental benefits.

Back to top

"Will pollen from GM crops land on non-GM
plants and create "superweeds"?

Greenpeace: We have already seen reports, again from
Canada, that cross-pollination with remnants of non-GM
crops has occurred.

There is also the problem that resistance to herbicides
could transfer to weeds.

This could mean that the present cycle of pesticide use
that farmers find themselves in - where they use the
newest product, and then find in a couple of years that it
is no longer effective.

AgrEvo: Field studies have
shown that plants with one or
more new resistant genes
are just as easy to control by
chemical or cultural means
as plants bot bred to be
resistant to the specific
weedkillers.

Some pollen will spread from
GM crops but independent
studies have shown that this
only occurs at a very low
level at distances greater
than 10 metres.

But even if this does happen, what advantage will this
plant have over the natural population? These plants will
not be "superweeds", they are simply tolerant to one
specific weedkiller and, if they need to be controlled,
they will be susceptible to many other weedkillers and
cultural methods designed to kill the weed.

This does not imply any increase in the use of weedkiller
because these weeds still need to be controlled, whether
or not a GM crop is being grown.

Back to top

Is it wise to directly manipulate genes - for
example putting animal or bacterial genes into
plants - rather than letting nature take its
course?

Greenpeace: In terms of releasing GMOs into the food
chain and the environment, the potential for unpredicted
and adverse effects is enormous.

It is already known that when exotic species are
released into an environment, the consequences can be
disastrous. Rabbits in Australia was a disaster, as were
certain types of fish introduced to Lake Victoria.

People thought there would not be a problem, but there
was. That problem is exacerbated very much if we are
dealing with a very unpredictable technology in the first
place.

In some cases, you are not
even dealing with gene
transference from the same
kingdom, let alone the same
species.

If you are dealing with any
other sort of pollution, there
is some mechanism for
product recall. With chemical
pollution, the substance will
have some form of half life,
but here we are dealing with
self-replicating, biological
pollutants.

AgrEvo: Almost identical genes have been found in
plants and in animals showing their commonplace
inheritance during evolution and, in a few instances,
implying that there are natural mechanisms that transfer
genes between unrelated species.

The techniques used to transfer genes are often naturally
occurring, eg, the Agrobacterium mediated
transformation which utilises the ability of soil bacterium
to transfer some of its genes to plant roots that live
alongside it.

The public needs to be assured that no human or animal
genes have been used in any of the GM crops that are
currently being commercially grown anywhere in the
world.

While the use of genes may be part of a research
project, any crops resulting from it would have to be
approved, before they could be grown, by the stringent
regulatory authorities already in place. The regulators
consider ethical and safety issues relating to human
health and the environment.

Back to top

Is not the whole exercise just a money-making
ploy, designed to make farmers reliant on
particular providers of seed and pesticides?

Greenpeace: There is a scientific fascination in the
analysis of this technology - it offers fascinating
experimental potential. But, this is being promoted by
organisations that exist to generate money - not to feed
the earth.

Their development of things like terminator technology,
where seeds produce plants which do not themselves
produce seeds, is purely in the interests of financial
gain.

They are trying to get a monopoly on food. I do not think
that this is a healthy trajectory for agriculture in the UK,
let alone the rest of the world.

AgrEvo: This technology has the potential to improve
the efficiency of agriculture and to allow sustainable food
production into the 21st Century.

Development of this technology requires major
investment and the companies who decide to become
involved will need to get a return on their investment.

Its goal, to improve currently available food, is the same
as that of the traditional, long-established techniques of
crop breeding.

The major difference is the ability to overcome the
inefficiencies of traditional cross breeding and selection.
We now have the ability to move precise genetic
characteristics from one species to another.

This will improve the quality of food produced and reduce
the amount of chemicals used to protect these crops
from weeds, pests and diseases. In practice, farmers will
be no more reliant than they currently are on companies
developing and selling new varieties.

Farmers will continue to have the choice to purchase
non-GM varieties from a wide range of suppliers.

news.bbc.co.uk



To: Dan Spillane who wrote (1216)2/17/1999 1:59:00 PM
From: Anthony Wong  Respond to of 2539
 
UK Politics - GM report may be released
Wildlife is under threat, says the report
BBC
Wednesday, February 17, 1999 Published at 18:44 GMT

A leaked report expressing fears about the risks posed
by genetically modified foods is likely to be published on
Thursday, it has emerged.

The report was drawn up by the
Department of the Environment last
June but had not been made public
until it was leaked to Friends of the
Earth.

The environment pressure group
claimed Cabinet Office Minister Jack Cunningham had
sought to suppress the report's contents.

But the government insisted it had always planned to
publish it and suggested the normal administrative
process was to blame for the delays but in an apparent
U-turn it may now be rushed out.

Environment Minister Michael
Meacher said earlier: "It is wrong to
say we're just sitting on a report.
We're not, we're getting it out as fast
as we can."

'Danger to wildlife and plants'

Genetic modification of crops can
include giving them an ability to
repel insects and to tolerate
weedkillers.

The report warns that if growing such
crops allows weedkillers to be used
more aggressively, some plants and insects could be
driven from the countryside.

This would remove the food supply from many farmland
birds and animals, with potentially far-reaching
implications for the countryside.

The paper, GM Crops: Wider
Issues - Biodiversity in the
Agricultural Environment,
questions whether the
existing system of regulation
for growing GM crops is able
to judge what the affects on
wildlife could be.

The Department of the
Environment, Transport and
the Regions has confirmed
the Cabinet committee on
GM foods, chaired by Mr
Cunningham, will consider releasing the report when it
meets on Thursday.

The environment minister denied the dangers set out in
the report could occur in Britain.

Mr Meacher said: "We have made clear there will be no
commercialisation - no commercial planting of GM crops
- until the government is fully satisfied that is safe, first of
all in terms of food safety and also in terms of the affects
in the environment.

Tory bill to ban GM crops

Conservative leader William Hague said the whole issue
had become "an extraordinary shambles" and
strengthened the case for a three-year moratorium.

He said the Tories would introduce a bill in the House of
Lords to bring in a temporary ban on the commercial use
of GM crops.

He added: "It says in the actual report a number of
options may exist for addressing the issue: research,
voluntary action and legislation.

"The government at the moment are
proposing not to take the time over
the research, not to call for voluntary
action and not to have any
legislation."

Liberal Democrat leader Paddy Ashdown said two major
issues existed in relation to GM foods

"What are their impact on human beings and the jury
there is out - we should be following the precautionary
principle and I'm worried that we're not.

"The second is, what is its affect on the environment -
and this report is very clear about that."

Friends of the Earth executive director
Charles Secrett said: "The evidence of
possible environmental damage
caused by GM crops is clear.

"The evidence of possible damage to
human health is growing and urgently needs further
work.

"All we ask is a halt to the rush to introduce GM food
and crops into Britain until scientific research is
completed, published and debated."

The row over the report comes amid a series of
allegations about the government's handling of the GM
issue and a heightening of consumer fears.

In an unrelated development on Wednesday, two
companies - including the GM giant Monsanto - admitted
failing to control an area of GM crops.

They were fined a total of £31,000 for breaching
government regulations.

news.bbc.co.uk



To: Dan Spillane who wrote (1216)2/17/1999 3:54:00 PM
From: Anthony Wong  Respond to of 2539
 
Money Manager Picks Internet, Drug Stocks: Bloomberg Forum

Bloomberg News
February 17, 1999, 2:52 p.m. ET

Money Manager Picks Internet, Drug Stocks: Bloomberg Forum

Boca Raton, Florida, Feb. 17 (Bloomberg) -- Technology
stocks are likely to continue to lead the market as the growth of
the Internet drives big gains in revenue, a Boca Raton, Florida,
money manager said.

The rapid growth of the Internet, increasing spending by
U.S. baby boomers, and the aging of the U.S. population are three
long-term themes expected to benefit selected companies, said
William Welch, president of Oaktree Asset Management Inc. in Boca
Raton.

Even with many Internet stocks soaring in value over the
past year, technology stocks provide the most compelling
investment opportunities, said Welch, who manages about
$110 million in assets. He cited companies with strong niches
such as At Home Corp. and DoubleClick Inc.

''We think technology will be where most of your major
growth will be for the foreseeable future,'' Welch told the
Bloomberg Forum. ''There's a revolution in technology and
telecommunications, which is the strongest theme of all.''

At Home, based in Redwood City, California, provides
Internet services over high-speed cable-television lines, a
technology Welch sees as having potential for rapid growth. Last
month, the company agreed to acquire Excite Inc., the No. 2
Internet-search service.

''The slowness of data is a big problem,'' Welch said.
''Increasing broadband levels will be crucial. We think there's a
lot of growth potential.''

DoubleClick, an Internet advertising agency based in New
York, is expected to rise as more companies increase advertising
on the Internet, he said.

Another pick, Axent Technologies Inc., which provides
security systems for corporate computer networks, will gain from
the growing interest in protecting electronic information, Welch
said. Axent is based in Rockville, Maryland.

Baby Boomers

The bulge in the U.S. population following World War II has
boosted the earnings of companies that make and sell consumer
products from diapers and toys to videocassette recorders, said
Welch.

While it will be another decade before the first of the baby
boomers turns 65, the rising number of senior citizens is fueling
growth among drug manufacturers, he said.

''The aging of the baby boom crowd will be a driving force
in the economy,'' he said.

Welch likes Merck & Co., Eli Lilly and Co. and Pfizer Inc.
among larger companies, as well as Monsanto Co., whose Searle
line of pharmaceuticals includes oral contraceptives and
arthritis drugs.
He also likes Sunrise Assisted Living Inc.,
which provides health and housing services for elderly people.

The manager is avoiding health-maintenance organizations and
hospital-management companies because they are subject to greater
government regulation.

With the first baby boomers now in their 50s, more are
taking time to travel. That makes stocks of Carnival Corp., the
world's largest cruise company, and Walt Disney Co. attractive,
Welch said.

Another area he likes is oil-services companies, whose
stocks have plunged with falling oil prices. A resumption in
growth in emerging markets of Asia will benefit companies led by
Schlumberger Ltd. and Halliburton Co., he said.

''The energy area probably provides the best overall value
for long-term portfolios,'' Welch said. ''It hasn't been a fun
place to be the last two years, but long-term you are going to
make money there.''

--Steve Matthews in Atlanta (404) 526-9553 through the Princeton



To: Dan Spillane who wrote (1216)2/17/1999 6:04:00 PM
From: Anthony Wong  Respond to of 2539
 
02/17 12:27 Monsanto fined for breaking U.K. gene rules

LONDON, Feb 17 (Reuters) - U.S. biotechnology giant Monsanto Co.
<MTC.N> said on Wednesday it was found guilty and fined $27,800
(or 17,000 pounds) for breaking environmental regulations at a test
site for genetically modified crops in eastern England.

"The court has reached a decision, the fine is 17,000 pounds," a
spokeswoman said in response to Reuters queries.

Monsanto, along with privately-owned Perryfields Holdings Ltd. of
Britain, faced charges stemming from a lack of control measures in
trials of genetically-modified oilseed rape, or plants.

The St. Louis-based company has not contested the case.

British officials said at the outset that the two firms breached the
agreed-upon rules allowing them to set up a trial plot producing
genetically-modified organisms.

The officials said that control measures to restrict the transfer of
genetically-modified pollen from herbicide-tolerant oilseed rape to
neighboring unmodified crops had been partly removed.

Another requirements was that the site be surrounded by a 19.8-foot
pollen barrier.

"The border was in place at the beginning of the trial, but part of it was
later (mowed) in error by one of the contractors," Monsanto said when
the prosecution was started.

Monsanto destroyed all the genetically-modified oilseed plants in the
trial along with other oilseed rape within 165 feet of the trial.

In a statement immediately before the judgment, Monsanto said it fully
supported rigorous enforcement of the regulations for growing the
modified crops. "We have taken immediate steps to stop similar
breaches occurring in future."

Environmental campaigners Friends of the Earth criticized the fine.
"This is a pathetic fine," the group said. "To a company as large as
Monsanto, it is less a slap on the wrist than a tickle with a legal
feather."

Monsanto's stock fell 31 cents to $46.50 on the New York Stock
Exchange at midday.