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

To: Anthony Wong who wrote (1620)	3/15/1999 2:19:00 PM
From: Dan Spillane	Respond to of 2539

"Monsanto ... said ... activist groups such as Greenpeace had done a better job in leading public opinion" "Monsanto will take a new ''more open'' approach to the issue, overseen by Monsanto's chairman Robert Shapiro, the FT reported." ...and now has DuPont to help out on the issue... (story below, copied from another source) London, March 15 (Bloomberg) -- Monsanto Co. president, Hendrik Verfaillie said the company's attempts to promote genetically modified food in Europe had backfired and that activist groups such as Greenpeace had done a better job in leading public opinion, the Financial Times reported, citing Verfaillie. The world's No. 2 maker of crop-protection products has spent an estimated $5 million in a high-profile campaign promoting genetically modified foods in Europe, although some other biotech companies say this stance has only inflamed opposition, the FT said. Monsanto will take a new ''more open'' approach to the issue, overseen by Monsanto's chairman Robert Shapiro, the FT reported. Crop forecaster Sparks Companies' chief executive Bruce Scherr said last week that the majority of U.S. corn, soybean and cotton crops will be grown with genetically modified seeds, such as those being developed by Monsanto and Novartis AG, by 2007. (FT 3/15 p.18 www.ft.com)