Believers in biotech
Article Abstract:
The commercialization of agricultural biotechnology formally started in 1996 with the first commercial sales of Bacillus thuringiensis corn, Roundup Ready soybeans and Bt cotton. However, the roots began with the US Supreme Court's decision allowing the grant of US patents for genetically altered organisms in 1980 and for genetically altered plants in 1983. The development was spurred in the mid-80s to early 90s by venture capital firms which financed the startup of several agro-biotech companies. In the late 90s, the momentum was carried by Monsanto as it launched the buyout of several seed companies.
Publication Name: Farm Chemicals
Subject: Chemicals, plastics and rubber industries
ISSN: 0092-0053
Year: 1999
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Starlik fallout costs Aventis execs
Article Abstract:
Aventis CropScience dismissed three excutives from their positions in the wake of the StarLink controversy. President and CEO Maurice Delage, Vice President of Market Development Ed Makowski and General Counsel Karen Weiner were said to have left the company to pursue different interests. However, industry observers believe that Aventis is looking to hold someone accountable for the StarLink debacle in 2000. StarLink is expected to cost Aventis more than $1 billion in buyback costs/lawsuits/product recall reimbursements in a few years.
Publication Name: Farm Chemicals
Subject: Chemicals, plastics and rubber industries
ISSN: 0092-0053
Year: 2001
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