Monsanto Net Worth is18.6 12-Month Sales Growth (%)
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Monsanto Company (NYSE: MON) is a publicly traded American multinational agricultural biotechnology corporation headquartered in Creve Coeur, Missouri. It is a leading producer of genetically engineered (GE) seed and of the herbicide glyphosate, which it markets under the Roundup brand. Founded in 1901 by John Francis Queeny, by the 1940's it was a major producer of plastics, including polystyrene and synthetic fibers. Notable achievements by Monsanto and its scientists as a chemical company included breakthrough research on catalytic asymmetric hydrogenation and being the first company to mass-produce light emitting diodes (LEDs). The company also manufactured controversial products such as the insecticide DDT, PCBs, Agent Orange, and recombinant bovine somatotropin. Monsanto was among the first to genetically modify a plant cell, along with three academic teams, announced in 1983, and was among the first to conduct field trials of genetically modified crops, which it did in 1987. It remained one of the top 10 U.S. chemical companies until it divested most of its chemical businesses between 1997 and 2002, through a process of mergers and spin-offs that focused the company on biotechnology.
Monsanto was a pioneer in applying the biotechnology industry business model, developed by Genentech and other biotech drug companies in the late 1970s in California, to agriculture. In this business model, companies invest heavily in research and develop and recoup the expenses through the use and enforcement of biological patents. Monsanto's application of this model to agriculture, along with a growing movement to create a global, uniform system of plant breeders' rights in the 1980s, came into direct conflict with customary practices of farmers to save, reuse, share and develop plant varieties. Its seed patenting model has also been criticized as biopiracy and a threat to biodiversity. Monsanto's role in these changes in agriculture (which include its litigation and its se

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Monsanto Latest News

EU to propose 10-year license renewal for key ingredient in Monsanto's Roundup

BRUSSELS • The European Commission will propose extending by 10 years its approval for weedkiller glyphosate, a key ingredient used in Monsanto's Roundup, a spokeswoman said on Wednesday. A transatlantic fight over possible risks to human health has ...
Posted: May 17, 2017, 1:00 am

Dozens of cities worldwide join March Against Monsanto (PHOTOS, VIDEOS)

Hundreds of activists around the globe joined an international march against the multinational biotech and agribusiness corporation Monsanto. The demonstrations were held under the slogan, “Keep GMOs out of your genes.” “We will not stand for cronyism.
Posted: May 21, 2017, 2:42 pm

US Court Documents Show Monsanto Manager Led Cancer Cover Up for Glyphosate and PCBs

The same Monsanto manager, Dr. George Levinskas, who helped hide the carcinogenic potential of PCBs in the 1970s, has now been shown, in California court documents released Tuesday, to have also influenced the U.S. Environmental Protection Agency (EPA ...
Posted: May 19, 2017, 3:41 pm
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