Biotech Updates

Monsanto Announces High Impact Technology Products

June 11, 2009

A new wave of high impact technology (HIT) products is set to be announced by Monsanto with seven of them expected to be launched in the next decade. Products include two projects on soybeans and corn, which are in the final stages of regulatory review. The company's new corn project will address concerns such as drought tolerance, higher yield, and efficiency in nitrogen utilization. The new soybean HIT projects will include the insect-protected technology for Brazilian farmers and the broad-acre, higher-yielding family of soybeans.

"The world population is expected to top 8 billion people by 2030, with significant dietary shifts toward more meat consumption. To help meet the growing food demands, we're focused on growing more grain with fewer resources through the application of new HIT products," Chief Technology Officer Robb Fraley said. "Innovation from breeding and biotechnology has consistently delivered on the promise of more yield, helping farmers increase productivity."

See Monsanto's press release at http://monsanto.mediaroom.com/index.php?s=43&item=708