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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. Later, the company became a major producer of genetically engineered ...
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 merges with Pharmacia and Upjohn, [1] so the agricultural division became a wholly owned subsidiary of the "new" Pharmacia. 2000: Corporation: Pharmacia spins off its Monsanto subsidiary into a new company, [1] the "new Monsanto" - which then raises $700 million in a new IPO. [32] The "new Monsanto" is legally distinct from the old pre ...
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Solutia and its parent company Monsanto agreed in 2003 to pay $700 million to settle claims by 20,000 Anniston, Alabama residents over PCB contamination. [9] Monsanto documents indicate that the company routinely dumped PCBs in the land and water supply of Anniston and covered up its behavior for more than 40 years. [ 10 ]
Monsanto operated as an agricultural company, but it was founded in 1901 as a chemical company. In 1997 Monsanto split the chemical sector of its business into an independent company, Solutia Inc. [49] In 2008 Monsanto agreed “to assume financial responsibility for all litigation relating to property damage, personal injury, products ...
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