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


To: Dan Spillane who wrote (1250)2/19/1999 1:06:00 PM
From: Anthony Wong  Respond to of 2539
 
Dan, I haven't missed your point, but I was commenting on the UK government's stance rather than responding on the lawsuit (which your article has addressed most convincingly). The UK govt. knows there's no scientific basis for Greenpeace et al's arguments, but opts for a easy way out:

Environment minister Michael Meacher also said that while the
government is against a moratorium, it urged industry to impose
further voluntary delays
[on commercial planting of genetically modified crops].



To: Dan Spillane who wrote (1250)2/19/1999 7:19:00 PM
From: Anthony Wong  Respond to of 2539
 
FOCUS-Novartis challenges Monsanto with new corn seed

Friday February 19, 6:52 pm Eastern Time

By Julie Vorman

ALBUQUERQUE, Feb 19 (Reuters) - Novartis Inc. unveiled a new genetically-modified corn seed on Friday to challenge Monsanto Co. (NYSE:MTC - news) in the race to develop designer seeds that can help U.S. farmers control weeds and cut costs.

The new gene, known as Acuron, will not be available in seeds sold to farmers until 2003. But one Wall Street analysts said the eagerness of Novartis to announce the product means the usually-conservative company is confident it has a winner.

All major U.S. and foreign seed companies are spending millions on research to modify plant genes to produce bigger crop yields, stronger plants or value-added traits such as higher protein or oil content.

Acuron is similar to Monsanto's popular Roundup-Ready products in that it will protect a corn plant from farmers' use of herbicides to kill a wide range of weeds. Roundup-Ready contains a gene that resists the herbicide glyphosate, and is used in cotton soybeans, corn and other crops.

''This is a major announcement and should create a level playing field with Monsanto in the mind of the marketplace,'' said Sano Shimoda, head of BioScience Securities Inc., a California firm that specializes in agricultural biotechnology stocks. ''It also means that Novartis is trying to raise its profile about the future value of its products.''

Novartis executives presented the new product at the Commodity Classic conference that attracted more than 1,000 soybean and corn farmers.

''This is an example of us springing forward with a new technology that will truly make a difference to farmers,'' said Ed Shonsey, president of Novartis Seeds.

Shonsey likened the expected impact of Acuron to Bt corn, made by Novartis and other companies. ''In many cases during the past year of low prices, this product meant the difference between farmers staying in business and going out of business,'' Shonsey said.

Forecasters have estimated that 25 million U.S. acres will be planted with Bt corn this year, up sharply from 6 million acres last year. Bt corn is engineered to protect corn from the European corn borer with a natural insecticide produced by the young plant.

Company executives declined to project how much in sales Acuron could mean to Novartis, saying only that sales would be ''substantial'' and could rapidly rival that of Bt corn.

Acuron, which builds in resistance to a class of herbicides known as protoporphyrinogen oxidase inhibitors, can also be inserted into other crops with similar results.

Work is already underway for sugar beet and soybean varieties, said Bruce Yergler, a Monsanto vice president.

Shimoda said Acuron had the potential to challenge Monsanto's Roundup-Ready products.

''If the weed kill is faster, this could be an important factor for customers. Farmers like to see weeds die quickly, and Roundup-Ready takes several days,'' he said.

Novartis said it would have Acuron in field tests by 2001, under the supervision of the U.S. Agriculture Department, and indicated it would share the technology with other companies.

''We have to be able to compete, not just through exclusivity because technology always finds a way around that,'' Shonsey said.

The announcement came amid debate in Colombia over a biosafety protocol which could affect trade in genetically-modified foods and plants. U.S. transgenic products have faced stiff opposition in the European Union, where consumer and environmental groups fear the new products could be harmful.

Novartis executives acknowledged that U.S. exports of its new corn could present trade problems unless transgenic products are addressed in next year's round of world ag trade talks.

''There is a high emotional component in this debate in Europe,'' said Heiri Gugger, president of Novartis Crop Protection. ''We have had a very rapid change... All of the sudden the implementation of this gene technology is happening much faster than anyone expected five years
ago.''

Experts expressed confidence that genetically-modified crops are here to stay.

''You're just not going to be able to stop this thing,'' Shimoda said. ''The value of these products is so great, and improves farmers' efficiencies. Other countries cannot afford to ignore this technology for long.''




To: Dan Spillane who wrote (1250)2/20/1999 10:44:00 AM
From: Anthony Wong  Respond to of 2539
 
New Scientist Editorial - Monster mash
Take one transgenic potato and a colony of lab rats...
20 February 1999

EVERY cause needs a martyr. And in Arpad Pusztai,
the scientist at the centre of the row over transgenic potatoes
that has engulfed Britain, opponents of GM foods seem
finally to have struck gold. Not since King Ludd and his
followers marched on the cotton mills of Lancashire has
there been such virulent hostility to a new technology
intended for peaceful purposes.

What have we learnt? First, that nothing sets a nation's pulse
racing like a food scare, especially one spiced with
allegations that a whistle-blowing scientist has been unfairly
sacked and gagged as part of a government-inspired
cover-up. Whether Pusztai's science is good, bad or--as
seems likely at present--simply inconclusive, the high-ups at
the Rowett Research Institute where he worked clearly
blundered when they suspended him just days after he
appeared on TV. Unless, of course, it was always their
intention to hand environmentalists ammunition on a plate.

The second lesson is that despite everything that happened
with BSE, the British government still doesn't seem to be
getting the message. When it comes to evidence concerning
food safety--no matter how inconclusive it is, and how
overblown the media reports--the government and its
research institutes must not only act impartially, they must
be seen to be acting impartially. For the Rowett to silence
Pusztai at a time when ministers were offering Monsanto
financial encouragement to expand its British operations was
a gift to conspiracy theorists, even if there was never any
conspiracy going on.

What is still woefully unclear is what Pusztai's experiments
really mean for the safety of GM foods. The lectin gene
used in his potato could certainly be hugely important--and
not just to the food industry. It may yet end up warding off
insect pests from rice, a staple crop for millions. Pusztai's
one indisputable result--that the lectin does not in itself harm
rats--is therefore reassuring.

But if the scientists who are supporting Pusztai's claims are
right, there is something else to worry about--an unforeseen
and as yet mysterious toxic hazard caused by the extra bits
of DNA that are inserted into plants during the genetic
engineering process. But extraordinary claims of this kind
require extraordinary evidence, and so far the evidence
Pusztai has allowed us to see is decidedly weak. There is, in
any case, a simpler and less scary explanation for what he
claims (see Frankenfears, p4).

This is why it was irresponsible of the scientists who are
seeking to rehabilitate Pusztai to talk, as some did at a press
conference last week, about epidemics of cancer and
impaired immunity caused by GM foods. When the alarm
bell rang over BSE we at least had some evidence of an
infectious agent lurking in the food chain. With GM foods,
we have nothing remotely like that.

Clearly, Pusztai's experiments need to be repeated on a
bigger scale to see whether the effects he reports are
reproducible. And a thorough biochemical study of the
potatoes he used is needed to get to bottom of what, if
anything, is wrong with them. There is also a case for
insisting that companies test the safety of the DNA they
insert into food, as well as the proteins. And for demanding
that they find some way of monitoring the long-term impact
of GM foods on humans.

What is much less obvious is whether there should be a
blanket moratorium on the introduction or testing of further
GM crops. In Britain, the chorus calling for such a move is
becoming deafening. This magazine has always regarded that
option as a kneejerk response which, among other things,
ignores the possible environmental benefits of some
modifications. Nothing has happened in the past week to
change our view.

Fortunately for Tony Blair and his ministers, there is another
way of calming the hysteria. They must act swiftly to set up
an independent commission (and that means no industry
representatives and no environmentalists) on the safety of
GM foods, along the lines of the Warnock Committee that
looked into reproductive medicine and embryology following
public alarm over test-tube babies. Its first job: to hold an
open inquiry into the Pusztai affair.

From New Scientist, 20 February 1999

newscientist.com



To: Dan Spillane who wrote (1250)2/20/1999 10:51:00 AM
From: Anthony Wong  Read Replies (1) | Respond to of 2539
 
02/20 09:15 Monsanto Introduces FARMSOURCE.Com, The Complete, Free,
On-Line Network <MTC.N>

Monsanto Introduces FARMSOURCE.Com, The Complete, Free, On-Line Network For
U.S. Agriculture
ALBUQUERQUE, N.M., Feb. 20 /PRNewswire/ -- Monsanto Company (NYSE: MTC)
announced today the launch of FARMSOURCE.com, a state-of-the-art Internet
site, search engine and e-commerce offering sure to grab the attention of U.S.
growers, retailers and agriculturists desiring a simple and effective way to
manage information and access services on-line.

FARMSOURCE.com will launch March 1. Growers and others attending the
National Corn Growers Association's Commodity Classic here will be among the
first to sample FARMSOURCE.com at Monsanto's exhibit, where four computers
with Internet access have been set up.

"The Internet has become the preferred communication method/information
source for a growing number of our customers," said Len Botkin, Monsanto
Farmsource.com manager. "To meet the needs of these customers, we worked with
them to develop a completely new on-line resource that connects growers to
retailers and retailers to Monsanto, creating a free online network that gives
U.S. users a comprehensive, easy-to-use source for important agricultural
information and services on the Internet.

Monsanto cited l998 market research surveys, as well as results of USDA
and Gallup polls, that indicate that 20-25% of growers are currently on the
Internet. In addition, a recent Monsanto survey of over 400 U.S. growers
found that 60% own computers and 31% are Internet-connected. What is most
significant is that the Internet-connected growers have increased in one year
by 70% or from 18% in l997 to 31% in l998.

FARMSOURCE.com includes up-to-the-minute ag information, including local
cash prices, weather, commodities prices, and ag news -- all customized
through a dynamic site to meet personal interests. The site will offer
business services for retailers that include on-line ordering of Monsanto
chemical products, automated monitoring of their Monsanto bulk product
inventories, on-line training and the ability to easily create a personalized
web page for their business on FARMSOURCE.

Other features include comprehensive product and label information about
Monsanto's agricultural products, and an agriculture search engine that makes
it easy to find agriculture information on the Internet. The ability to
easily find agricultural information on the Internet through the search engine
on FARMSOURCE.com makes FARMSOURCE.com a portal site for U.S. growers and
retailers, said Botkin.

"Growers, retailers and distributors told us that access to information
that is timely, accurate, complete and relevant is essential to the long-term
success of their businesses," Botkin said. "Technologies like the Internet
can access more information than anyone could ever absorb. Key for the
Internet user is the ability to quickly and easily find complete and accurate
information on any relevant subject. FARMSOURCE helps users do exactly that
-- it allows users to customize the site into a form that delivers exactly the
information they desire."

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.

SOURCE Monsanto Company
-0- 02/20/99

/CONTACT: Lisa Drake, 314-694-3540, email, lisa.m.drake@monsanto.com, or
Robin Johnston, 314-726-5511 ext. 3418, both of Monsanto Company/
/Web site: monsanto.com

-- CGSA001 --
8753 02/20/99 09:00 EST prnewswire.com

Copyright PR Newswire 1998. All rights reserved.