Golden
Monsanto

Monsanto

American multinational agricultural biotechnology, seed, and agrochemical company

Monsanto provides products and tools for farmers to improve crop yields. Monsanto was founded in 1901 by John F. Queeny and named after his wife Olga Monsanto Queeny. First an industrial chemicals manufacturer, it later became focused on agriculture. Formerly known as Monsanto Ag, the company changed its name to Monsanto Company in 2000. Bayer acquired Monsanto in June 2018. Bayer stated that it plans to drop the Monsanto name.



In the 1920s and 1930s Monsanto manufactured sulphuric acid and other chemicals such as polychlorinated biphenyls (PCBs). Monsanto established its agricultural division focusing on herbicides in the 1960s. In 1997 Monsanto formed the subsidiary Solutia Inc. for its chemicals and fibers business, which later became a subsidiary of Eastman Chemical Company. The glyphosate-based herbicide Roundup was commercialized in 1976, and later developed genetically engineered crops resistant to glyphosate. Monsanto has bought several seed companies in 2011 had 26% of the market share of seeds.



Biotechnology

Monsanto’s first biotechnology product was a hormone for dairy cows called Posilac. In 1996 the first crops produced using biotechnology were Roundup Ready soybeans genetically engineered to tolerate Roundup herbicide and cotton engineered to resist insect damage. Additional crops produced using biotechnology by Monsanto became available in 1997 including canola, cotton and corn. Roundup Ready corn became available in 1998. Roundup Ready products may provide economic benefits to farmers and environmental benefits by allowing no till farming, less herbicide and Roundup is claimed to be less toxic than other alternatives. However weeds can develop resistance and require higher doses of Roundup.



Bt corn and other Bt products from Monsanto are genetically engineered to express toxins derived from the soil bacterium Bacillus thuringiensis (Bt) which kill insect pests such as the European corn borer. The Bt toxin is activated inside the gut of insects that eat it. Bt crops, available since 1996, have allowed farmers to use less insecticides. 



Pivot Bio and Monsanto are collaborating to develop strains of Bradyrhizobium soil bacteria with enhanced nitrogen production to increase soybean yields. 



In a collaboration with Pairwise Plants, Monsanto invested money and personnel as Monsanto’s vice president of global biotechnology, Tom Adams left to become chief executive of Pairwise. Developments coming from the collaboration include gene editing with CRISPR technology to improve foods.

Controversy

Between 1962-1971 Monsanto was one of the main companies supplying the herbicide later known as Agent Orange to the U.S. military, used to destroy forest cover and food crops used by the enemy North Vietnamese and Viet Cong troops.



In 2003, Monsanto and Solutia Inc. agreed to a $600 million settlement for residents of Anniston, Alabama over ground and water contamination with PCBs. 



In 2017 more than 800 patients were suing Monsanto claiming Roundup caused their cancer. In August 2018, the jury of the Superior Court of California awarded $250 million in punitive damages and $39 million in compensatory damages to former school groundskeeper Dewayne Johnson who claimed the herbicide caused his non-Hodgkin’s lymphoma.





Timeline

August 10, 2018

Shares in Bayer have lost 25 percent in value since Aug. 10, when a San Francisco jury awarded $289 million to Dewayne Johnson on grounds Monsanto failed to warn the school groundskeeper and other consumers of the cancer risks posed by glyphosate-based RoundUp and Ranger Pro.

2018

Bayer acquired Monsanto this year for $63 billion.

2018

A California jury awarded $289 million to a California groundskeeper, finding Monsanto's glyphosate-based weed killers caused his cancer.

People

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Aabid Shariff

Employee



Abhinav Luthra

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Abhishek mamidi

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Abhishek Rai

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Abhishek Verma

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abirami v

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Ablat

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Abraham Tesfamariam

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Adrienne Todd

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ahmed magdy

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Aishwarya Swamy

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Akshita Dutta

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Al Liu

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Alana Lerch

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Aldo Panchi

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Alfredo Merlet

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Alice Chang

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Alistair Hide

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Alvin Ong

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Amrita Dokania

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Ana Mollinedo Mims

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Anaswara Vikas

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Andrés Angulo Belaunzarán

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Andrés Escobar

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Angel Turner

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News

Title
Author
Date
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Tina Bellon
January 24, 2020
U.S.
Bayer AG is set to face a fourth U.S. jury trial over allegations that its popular weed killer Roundup causes cancer, with four cancer patients in the hometown of its agricultural subsidiary Monsanto scheduled to make their case beginning on Friday.
Jonathan Stempel
November 22, 2019
U.S.
Monsanto pleaded guilty to spraying a banned pesticide on the Hawaiian island of Maui, and agreed to pay $10.2 million in criminal fines and other payments for the spraying and for illegally storing hazardous waste, U.S. prosecutors said.
Ludwig Burger
October 30, 2019
U.S.
Germany's Bayer said on Wednesday that the number of U.S. plaintiffs blaming its glyphosate-based weedkillers for their cancer mushroomed to 42,700 from 18,400 in July, raising the stakes in the group's efforts to reach a settlement.
Jon Daly And Belinda Varischetti
October 10, 2019
ABC Rural
For the first time in Australia, a farmer is taking legal action against Monsanto -- the manufacturer of Roundup -- claiming it caused his cancer.
Patricia Cohen
September 20, 2019
www.nytimes.com
After a blockbuster acquisition, Bayer may lose billions over claims that the No. 1 agricultural chemical is unsafe. But its market niche seems secure.
Tina Bellon
June 18, 2019
U.S.
Bayer AG has asked a California judge to overrule a $2 billion verdict by jurors who found the company's glyphosate-based Roundup weed killer responsible for a couple's cancer, arguing the jury decision was not supported by evidence.
Associated Press
May 14, 2019
Boston Herald
By PAUL ELIAS SAN FRANCISCO (AP) -- A jury on Monday ordered agribusiness giant Monsanto Co. to pay a combined $2.055 billion to a couple claiming that the company's popular weed killer Roundup Ready caused their cancers. The jury's verdict is the third such courtroom loss for Monsanto in California since August, but a San [...]
PATRICIA COHEN
May 13, 2019
www.nytimes.com
A state jury's award for a Northern California couple followed awards in separate cases in March and August, and was the largest by far.
May 3, 2019
WebWire
Monsanto, perhaps the world's most reviled environmental villain, has finally been busted for selling its poisonous products around the world. In the last year, juries in two U.S. lawsuits have ruled that Monsanto's glyphosate-based Roundup herbicide caused or significantly contributed to the onset of non-Hodgkin's lymphoma, a life-threatening immune system cancer. Some US$160 million were awarded in damages to two victims, and over 9,000 other lawsuits are now pending. A year ago, well...
Ludwig Burger
April 26, 2019
U.S.
Bayer shareholders on Friday cast a vote of disapproval of the German drugmaker's top management amid anger over a stock price slump as litigation risks mount from the $63 billion takeover of seed maker Monsanto.
Reuters Editorial
April 2, 2019
U.S.
Bayer's non-executive board reaffirmed its support for top management's decision to acquire seed maker Monsanto last year, after losing high-profile lawsuits to U.S. plaintiffs who claimed Monsanto's Roundup weedkiller caused their cancer.
JULIA JACOBS
March 27, 2019
www.nytimes.com
The jury found that Monsanto should be held liable for the man's cancer because it failed to warn him about the herbicide's cancer risks.
Reuters Editorial
March 20, 2019
U.S.
Shares in Germany's Bayer's fell more than 12 percent on Wednesday after a second U.S. jury ruled its Roundup weed killer caused cancer.
Associated Press
February 25, 2019
Boston Herald
SAN FRANCISCO (AP) -- A jury in federal court in San Francisco will decide whether Roundup weed killer caused a California man's cancer in a trial starting Monday that plaintiffs' attorneys say could help determine the fate of hundreds of similar lawsuits.
Mayank Bhardwaj
Invalid Date
U.S.
German drugmaker Bayer AG's Monsanto unit has won proceedings against Indian seed maker Nuziveedu Seeds Ltd (NSL) in a royalty dispute, lawyers familiar with the matter said.
Reuters Editorial
Invalid Date
U.S.
A French court canceled the license for one of Monsanto's glyphosate-based weedkillers on Tuesday over safety concerns, in the latest blow to the Bayer-owned business.
Rajendra Jadhav
Invalid Date
U.S.
A court ruling in India this week that upheld a Monsanto patent on genetically modified (GM) cotton seeds has raised hopes among farmers that the company would now launch its next-generation seeds, the application for which it pulled two years ago.
Mayank Bhardwaj
Invalid Date
U.S.
India's Supreme Court ruled on Tuesday that Monsanto can claim patents on its genetically modified (GM) cotton seeds, a victory for the U.S. company that is expected to encourage biotechnology firms to step up investment in the country.
Reuters Editorial
Invalid Date
U.S.
India's Supreme Court on Tuesday allowed Monsanto to claim patents on its genetically modified cotton seeds in the world's biggest producer of the fiber, a company source said.
SHEILA SLATER
November 12, 2018
AP NEWS
MITCHELL, S.D. (AP) -- All of it is possible due to the Smart Lab at the Mitchell Middle School, which is now fully implemented after receiving an additional $25,000 in grant money from America's Farmers Grow Rural Education program, sponsored by Monsanto. Principal Justin Zajic started looking into replacing the industrial technology course last December and put together a committee involving the Mitchell Area Development Corporation, Toshiba, Muth Electric, Mitchell Technical Institute and other community members, the Daily Republic reported.
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