74 Facts About Monsanto Company


Monsanto Company was an American agrochemical and agricultural biotechnology corporation founded in 1901 and headquartered in Creve Coeur, Missouri.

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Monsanto Company was one of four groups to introduce genes into plants in 1983, and was among the first to conduct field trials of genetically modified crops in 1987.

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Monsanto Company was one of the first companies to apply the biotechnology industry business model to agriculture, using techniques developed by biotech drug companies.

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Monsanto Company once manufactured controversial products such as the insecticide DDT, PCBs, Agent Orange, and recombinant bovine growth hormone.

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The name Monsanto Company was no longer used, but Monsanto Company's previous product brand names were maintained.

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In 1901 Monsanto was founded in St Louis, Missouri, as a chemical company.

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Monsanto Company funded the firm with his own money and capital from a soft drink distributor.

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Monsanto Company used for the company name, the maiden name of his wife, Olga Mendez Monsanto, who was a scioness of the Sephardic Jewish Monsanto family.

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Monsanto Company expanded to Europe in 1919 in a partnership with Graesser's Chemical Works at Cefn Mawr, Wales.

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In 1935, Monsanto bought the Swann Chemical Company in Anniston, Alabama, and thereby entered the business of producing PCBs.

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Monsanto Company joined the NDRC, and Monsanto's Central Research Department began to conduct related research.

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In 1946, Monsanto Company developed and marketed "All" laundry detergent, which they sold to Lever Brothers in 1957.

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In 1954, Monsanto Company partnered with German chemical giant Bayer to form Mobay and market polyurethanes in the United States.

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Monsanto Company began manufacturing DDT in 1944, along with some 15 other companies.

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In 1977, Monsanto Company stopped producing PCBs; Congress banned PCB production two years later.

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In 1974, Harvard University and Monsanto Company signed a 10-year research grant to support the cancer research of Judah Folkman, which became the largest such arrangement ever made; medical inventions arising from that research were the first for which Harvard allowed its faculty to submit patent application.

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Monsanto Company scientists were among the first to genetically modify a plant cell, publishing their results in 1983.

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In 1994, Monsanto Company introduced a recombinant version of bovine somatotropin, brand-named Posilac.

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In 1996, Monsanto purchased Agracetus, the biotechnology company that had generated the first transgenic cotton, soybeans, peanuts and other crops, and from which Monsanto had been licensing technology since 1991.

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In 1997, Monsanto divested Solutia, a company created to carry off the responsibility for Monsanto's PCB business and associated liabilities, along with some related organic chemical production.

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In 1998, Monsanto Company purchased Cargill's international seed business, which gave it access to sales and distribution facilities in 51 countries.

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Monsanto Company agreed to indemnify Pharmacia against potential liabilities from judgments against Solutia.

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In 2005, Monsanto Company acquired Emergent Genetics and its Stoneville and NexGen cotton brands.

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Monsanto Company's goal was to obtain "a strategic cotton germplasm and traits platform".

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Also in 2005, Monsanto Company purchased Seminis, the California-based world leader in vegetable seed production, for $1.

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Monsanto Company indicated that Seminis would continue with non-GM development, while not ruling out GM in the longer term.

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In June 2007, Monsanto purchased Delta and Pine Land Company, a major cotton seed breeder, for $1.

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In 2012, Monsanto purchased for $210 million Precision Planting Inc, a company that produced computer hardware and software designed to enable farmers to increase yield and productivity through more precise planting.

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Monsanto Company purchased San Francisco-based Climate Corp for $930 million in 2013.

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In May 2013, a worldwide protest against Monsanto Company corporation, called March Against Monsanto Company, was held in over 400 cities.

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Monsanto Company tried to acquire Swiss agro-biotechnology rival Syngenta for US$46.

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Monsanto Company was the only manufacturer of white phosphorus for military use in the US.

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Monsanto Company developed a Roundup Ready genetically modified wheat but ended development in 2004 due to concerns from wheat exporters about the rejection of genetically modified wheat by foreign markets.

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Monsanto Company broadly licensed the patent to other seed companies that include glyphosate resistance trait in their seed products.

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Monsanto Company invented and sells genetically modified seeds that make a crystalline insecticidal protein from Bacillus thuringiensis, known as Bt.

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Monsanto Company subsequently developed Bt maize, Bt soybean and Bt cotton.

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Monsanto Company produces seed that has multiple genetic modifications, known as "stacked traits"—for instance, cotton that make one or more Bt proteins and is resistant to glyphosate.

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In 2011 Monsanto Company launched the Genuity brand for its stacked-trait products.

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In 2013 Monsanto Company launched the first transgenic drought tolerance trait in a line of corn hybrids branded DroughtGard.

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In 2009, Monsanto Company scientists discovered insects that had developed resistance to the Bt Cotton planted in Gujarat.

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In 2012 Monsanto Company was the world's largest supplier of non-GE vegetable seeds by value, with sales of $800M.

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In October 2008, Monsanto Company sold this business to Eli Lilly for $300 million plus additional considerations.

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Monsanto Company developed several strains of genetically modified wheat, including glyphosate-resistant strains, in the 1990s.

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Monsanto Company engaged in high-profile lawsuits, as both plaintiff and defendant.

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Monsanto Company used the courts to enforce its patents, particularly in agricultural biotechnology, an approach similar to that of other companies in the field, such as Dupont Pioneer and Syngenta.

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Monsanto Company became one of the most vilified large corporations in the world, over a range of issues involving its industrial and agricultural chemical products, and GM seed.

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In 2005 and 2006, Monsanto Company attempted to enforce its patents on soymeal originating in Argentina and shipped to Spain by having Spanish customs officials seize the soymeal shipments.

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The seizures were part of a larger attempt by Monsanto Company to put pressure on the Argentinian government to enforce Monsanto Company's seed patents.

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In 2016 Monsanto Company reached an agreement with Argentina's government on soybean seed royalty payments.

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Monsanto Company agreed to give the Argentine Seed Institute oversight over crops grown from Monsanto Company's Intacta genetically modified soybean seeds.

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Monsanto Company was criticized by Chinese economist Larry Lang for controlling the Chinese soybean market, and for trying to do the same to Chinese corn and cotton.

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Monsanto Company was one focus of protests with respect to the price and yields of Bt seed.

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At about the same time, the state agriculture minister barred the company from selling Bt cotton seed, because Monsanto refused a request by the state government to provide pay about Rs 4.

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In February 2011, Monsanto Company agreed to help with the costs of remediation, but did not accept responsibility for the pollution.

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In 1969 Monsanto Company dumped 45 tons of PCBs into Snow Creek, a feeder for Choccolocco Creek, which supplies much of the area's drinking water, and buried millions of pounds of PCB in open-pit landfills located on hillsides above the plant and surrounding neighborhoods.

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Monsanto Company was acknowledged at the time of the settlement to have ceased making PCBs in 1977, though State Impact of Pennsylvania reported that this did not stop PCBs from contaminating people many years later.

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Monsanto Company was sued and settled multiple times for damaging the health of its employees or residents near its Superfund sites through pollution and poisoning.

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In 2013 a Monsanto Company-developed transgenic cultivar of glyphosate-resistant wheat was discovered on a farm in Oregon, growing as a weed or "volunteer plant".

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Monsanto Company faced penalties up to $1 million over potential violations of the Plant Protection Act.

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Monsanto Company said it had destroyed all the material it held after completing trials in 2004 and it was "mystified" by its appearance.

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Monsanto Company has faced controversy in the United States over claims that its herbicide products might be carcinogens.

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Dewayne Johnson, who has non-Hodgkin's lymphoma, was initially awarded $289 million in damages after a jury in San Francisco said that Monsanto Company had failed to adequately warn consumers of cancer risks posed by the herbicide.

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In November 2018, Monsanto Company appealed the judgement, asking an appellate court to consider a motion for a new trial.

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On March 27,2019, Monsanto Company was found liable in a federal court for Edwin Hardeman's non-Hodgkin's lymphoma and ordered to pay $80 million in damages.

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Monsanto Company paid $80 million in penalties pursuant to a subsequent settlement with the US Securities and Exchange Commission.

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Monsanto Company regularly lobbied the US government with expenses reaching $8.

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Monsanto Company Citizenship Fund aka Monsanto Citizenship Fund is a political action committee that donated over $10 million to various candidates from 2003 to 2013.

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Critics argued that the connections between the company and the government allowed Monsanto to obtain favorable regulations at the expense of consumer safety.

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Monsanto Company was a member of EuropaBio, the leading biotechnology trade group in Europe.

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In September 2017 Monsanto Company lobbyists were banned from the European parliament after the Monsanto Company refused to attend a parliamentary hearing into allegations of regulatory interference.

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Monsanto Company has engaged in various public relations campaigns to improve its image and public perception of some of its products.

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Monsanto Company was a major funder of science research at Washington University in St Louis for many years.

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In 2015, Monsanto Company gave Washington University's Institute for School Partnership a $1.

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In 2009 Monsanto was chosen as Forbes magazine's company of the year.

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