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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.
Monsanto starts its pivot into biotechnology. It genetically engineers a plant cell in 1982, commercializes the first genetically engineered product, recombinant bovine growth hormone (rbGH) - in 1994, and brings its first genetically engineered seeds, Roundup soybeans, onto the market in 1996.
Syngenta rejecteded another unsolicited offer from Monsanto, worth $45 billion, with management saying it undervalued the company and a merger would carry significant risks. Monsanto offered to acquire the company at a price of 449 Swiss francs per Syngenta share, with approximately 45% of the price paid in cash. [29] [30] 19 2014
Photo credit: Flickr/Dodo-Bird This article was updated on Oct 6, 2014. Few companies bring out a stronger opinion than Monsanto . While the company calls itself a sustainable agriculture company ...
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Monsanto also made frequent use of the courts to defend its patents, particularly in the area of agricultural biotechnology. Bayer acquired Monsanto in 2018, and the company has since been involved in litigation related to ex-Monsanto products such as glyphosate, PCBs and dicamba.
A Washington state appeals court on Wednesday overturned a $185 million verdict against Bayer's Monsanto unit over chemical contamination at a Seattle-area school, marking the second big legal win ...
In February, 1994 anti-biotechnology activist Jeremy Rifkin charged that Taylor had a conflict of interest with respect to the approval of rBST, a hormone for dairy cows produced using biotechnology and used to increase milk production. King & Spalding had represented Monsanto in the FDA approval process for rBST.