Biotech Updates

Monsanto's GM Soybean Receives Approvals in Asian Countries

February 8, 2008

Monsanto Company’s Roundup Ready 2 Yield™ soybean has been granted final regulatory approval in Japan, Taiwan and the Philippines. The product  also completed the regulatory process in both the United States and Canada last July and is currently being reviewed by regulatory authorities in China as well as the European Food Safety Authority. Monsanto is planning a limited commercial release of the high yielding and herbicide resistant GM soybean on 1 to 2 million acres in 2009. Four years of field comparisons have demonstrated that Roundup Ready 2 Yield soybeans deliver a yield advantage of 7 to 11 percent over the company’s first-generation Roundup Ready offering.

The press release is available at http://monsanto.mediaroom.com/index.php?s=43&item=570