Monsanto Says BASF Partnership Looks Promising

1 decade 2 years 11 months ago Sunday, July 15 2007 Jul 15, 2007 Sunday, July 15, 2007 12:55:29 PM CDT July 15, 2007 in News
Source: (Copyright 2007 The Associated Press All Rights Reserved.)
ST. LOUIS (AP) - Monsanto and German-based chemical company BASF are sharing their research data for the first time, and they say the early results are promising. It's all part of a $1.5 billion research partnership that the companies announced this spring. The companies are working together to develop a new generation of engineered crops. Monsanto says that the first research information from B-A-S-F started arriving at Monsanto's St. Louis headquarters in May. The companies have discovered that there is very overlap in the genetic information that each company has discovered over the years. Monsanto says that's good news because it give the companies a wider array of genes to choose from as they develop new plants.

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