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

Monsanto Was Its Own Ghostwriter for Some Safety Reviews

Monsanto Co. started an agricultural revolution with its “Roundup Ready” seeds, genetically modified to resist the effects of its blockbuster herbicide called Roundup. That ability to kill weeds while leaving desirable crops intact helped the company ...
Posted: August 11, 2017, 6:13 am

Republicans Rush to Monsanto's Aid Touting Industry-Biased Reuters Report

In their latest attempt to shield Monsanto from accountability, House Republicans have seized upon the flawed and biased reporting of a Reuters journalist whose work has emerged as a key lobbying tool for the embattled agrichemical company as it faces ...
Posted: August 11, 2017, 4:45 pm

Monsanto (MON) and ToolGen Report Global Licensing Agreement on CRISPR Platform

News and research before you hear about it on CNBC and others. Claim your 2-week free trial to StreetInsider Premium here. Monsanto Company (NYSE: MON) and ToolGen, Inc., announced today that the companies have reached a global licensing agreement for the ...
Posted: August 16, 2017, 5:46 am
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