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Monsanto was one in every of 4 teams to introduce genes into crops, and was among the many first to conduct discipline trials of genetically modified crops. Monsanto was one of many first corporations to use the biotechnology business enterprise mannequin to agriculture, utilizing methods developed by biotech drug corporations.
Monsanto’s roles in agricultural modifications, biotechnology merchandise and lobbying of presidency businesses and roots as a chemical firm have surrounded the corporate in controversies. The corporate as soon as manufactured controversial merchandise such because the insecticide DDT, PCBs, Agent Orange and recombinant bovine progress hormone. Its seed patenting mannequin was criticized as biopiracy and a risk to biodiversity.
In September 2016 Monsanto agreed to simply accept Bayer’s supply to buy the corporate for $66 billion, pending regulatory approval.
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