Monsanto
CCI probe finds market abuse by Monsanto arm in India: report
22 May 2019
Besides overpricing its Bt cotton seed in India, the Monsanto joint venture MMBL also charged higher trait fees from seed producers in Haryana, Punjab and Rajasthan, reports citing the CCI report said
Supreme Court holds Monsanto’s patent on GM cotton seeds valid in India
08 Jan 2019
For Monsanto, now owned by German pharma and life sciences major Bayer AG, the apex court ruling involving its business in the world’s biggest producer of the fiber comes as a rare victory
Monsanto fined $289 mn for causing cancer by Roundup weed killer
11 Aug 2018
A US jury has ordered chemical giant Monsanto to pay $289 million, including $250 million in punitive damages to a dying groundskeeper, saying the company did not even care to warn the poor man that its weed killer Roundup might cause cancer
US regulator approves $62.5 bn Bayer-Monsanto merger
10 Apr 2018
While economists say there is a strong likelihood of market abuse when four companies control 45 per cent of the market, the move by the US department of justice will allow one company to control 77 per cent of all seed corn, 69 per cent of all seed traits and 58-97 per cent of the markets in cotton, soybeans, and canola
California to list glyphosate as cancer-causing
27 Jun 2017
‘I should get medal’ for helping Monsanto: EPA official
17 Mar 2017
A regulatory official, in charge of evaluating the cancer risk of Monsanto Co’s weed killer Roundup, allegedly bragged that he deserved a medal if he could kill another agency’s investigation into the herbicide’s key chemical
Lawsuit alleges Monsanto staff ghostwrote safety reports
15 Mar 2017
Employees of Monsanto Co ghostwrote supposedly independent scientific reports that US regulators relied on to determine that a chemical in its Roundup weed killer does not cause cancer, those suing the company claimed in court filings
Monsanto shareholders approve $66-bn acquisition by Bayer
14 Dec 2016
A deal would create a company commanding more than a quarter of the combined world market for seeds and pesticides
Bayer buys Monsanto for $66-bn to create a crop sciences giant
14 Sep 2016
The combination is expected to create significant synergies, leading to annual returns of approximately $1.5 billion after the third year, with additional synergies from integrated solutions in future years
Bayer raises offer for Monsanto to $127.50 a share as talks advance
06 Sep 2016
A successful deal would be Bayer's biggest since it paid €17 billion in 2006 to buy German multinational pharmaceutical company Schering AG, and also the largest-ever German takeover of a foreign company
Monsanto, allies desert National Seeds Association over pricing, royalty issues
27 Aug 2016
Things came to head after the National Seeds Association backed the May 2016 Gazette notification that reasserted the government’s right to fix seed prices
Foreign seed firms gang up to fight India’s GM crop rules
26 Aug 2016
The new body - Federation of Seed Industry of India (FSII) - is being formed at a time when the seed industry is divided over issues such as capping of royalties and high seed prices
Monsanto secures govt panel nod for GM mustard amidst cotton fiasco
25 Aug 2016
Seed giant Monsanto has received clearance for its genetically modified mustard seed, the first GM food crop developed by the US company in India, amidst an ongoing controversy over its GM cotton seed
Monsanto withdraws application for next-gen GM cotton
25 Aug 2016
The US biotechnology major blamed regulatory uncertainties for its decision to withdraw its application seeking approval for next generation genetically modified cotton seeds amid its royalties battle with the government
Monsanto rejects Bayer’s $62-bn bid, says offer inadequate
25 May 2016
Monsanto, the world's largest seed company said its board has unanimously rejected Bayer AG's $62-billion acquisition bid as "incomplete and financially inadequate", adding it was willing to negotiate further
India further tightens norms for Bt cotton seed pricing
21 May 2016
Following soon after the imposition of price controls on genetically modified cotton seeds in December last year, the government has now capped royalties for any new variety that biotech firms develop
Bayer confirms making preliminary buyout offer for US rival Monsanto
20 May 2016
Bayer disclosed that its executives had recently met with executives of Monsanto to privately discuss a negotiated acquisition of Monsanto
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