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The Monsanto Company (/ m ɒ n ˈ s æ n t oʊ /) was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri. Monsanto's best-known product is Roundup, a glyphosate-based herbicide, developed in the 1970s.
The company was best known for its leading role in the development of hybrid corn and for its "winged ear" logo. DeKalb Genetics Corporation was purchased by the Monsanto Company in 1998 and has been owned since 2017 by Bayer. The DeKalb seed business, the DEKALB brand and the winged ear logo are now owned and managed by Bayer. [1]
Monsanto sells its American-based commodity plastics, or polystyrene, business to Polysar Ltd., a Canadian petrochemical company. [24] 1993: Products: Monsanto's Searle division files a patent application for Celebrex. [25] [26] 1994: Products: Monsanto introduces a recombinant version of bovine somatotropin, brand-named Posilac. [27] 1995 ...
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Bayer shareholders vented their anger over its stock price slump on Friday as litigation risks mount from the German drugmaker's $63 billion takeover of seed maker Monsanto. Several large ...
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The Monsanto brand was discontinued; its products are now marketed under the Bayer name. [147] On 16 September 2019, under the approval of National Company Law Tribunal, Bayer completed the merger of Monsanto India. [148] Bayer's Monsanto acquisition is the biggest acquisition by a German company to date. [149]
2013 - DuPont agrees to pay Monsanto Co. at least $1.75 billion in a new licensing deal and both companies have agreed to dissolve their bitter legal battles over rights to technology for genetically modified seeds. [9] 2014 - S&W Seed Company announces closing of acquisition of DuPont Pioneer alfalfa research and production assets. [10]