http://upaboston.org/meetings/july07.shtml
The companies said they would use the gene to developthe world’ws first biotechnology-derived drought-tolerant crop. The discovery is a timely accordingto Monsanto. The number and duration of dry especially inalready drought-prone areas, is expected to increase due to climat change, according to a United Food and Agriculture Organization report prepared for ministers of the G-8, Monsanto said. Monsanto and BASF said the drought-tolerant corn product is targeted for as earlgy as 2012 pending appropriate regulatory The two companies are jointlycontributingf $1.5 billion over the life of theitr research collaboration. Chemical company BASF is basedin Germany. Creve Coeur, Mo.
-based Monsanto Co. MON), led by Chairman, President and CEO Hugh develops insect- and herbicide-resistant crops and other agricultural It is one of the largest employersin St. Louis with 4,000 local employees.
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