18.03.2009 | permalink
St. Louis, Mo.-based Monsanto, a global leader in development of genetically modified crops, said it applied for approval of its new corn with the U.S. Department of Agriculture and various Canadian agencies. The company in December made a regulatory submission to the U.S. Food and Drug Administration. Monsanto is collaborating with Germany’s BASF in development of the drought-tolerant corn. The companies hope to launch the product in 2012.