Word: monsanto
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...delicious week for Monsanto's NutraSweet unit, makers of the popular brand of low-calorie aspartame, a sugar substitute. In back-to-back decisions, the Food and Drug Administration waved aside petitions challenging the artificial sweetener's safety and approved its use in a broad range of juice drinks, frozen desserts, canned and instant teas and breath mints. NutraSweet can currently be found in more than 130 different products, from Jell-O to diet Coke, but the lucrative new markets represent a major expansion of FDA approval...
...Monsanto officials, like others in the industry, are concerned that overregulation could stifle many of the young, struggling biotechnology companies and suggest that there is a limit to the patience of larger firms. "If we can't make these tests in a reasonable period of time," says Howard Schneiderman, Monsanto's senior vice president for research and development, "I'm going to give up and just not do it. If someone is going to worry about a tomato plant that will devour New York City or a microbial pesticide that will develop into plague, I can't justify spending millions...
...polyethylene has gone up about 3 cents a lb." Executives at the floor-coverings division of Dan River Inc., in Greenville, S.C., are less than elated with the results of the oil-price drop. The fibers that the company uses come from such petrochemical giants as Du Pont and Monsanto. So far, says Frank Loftin, a Dan River marketing vice president, the prices of those materials have not dropped...
...adhesive tape. It also burns nearly all of the remaining wastes in a huge incinerator at Cottage Grove, Minn. "In the past five years, there has been a tremendous change in the attitude of the chemical industry about hazardous waste," says Larry O'Neill, an environmental official with Monsanto Co. in Missouri. "We are now generating less and recycling more." Still, the recovery techniques are just being developed. "When we talk about recovery, we're only talking now about l% of all the material that's generated," claims James Patterson, director of industrial-waste-elimination research at the Illinois Institute...
...protein, which the Harvard team named angiogenin, was isolated from human colon-cancer cells after a decade-long search financed by a grant from Monsanto. What partly slowed the quest was the fact that the protein is found in the body in only minuscule quantities. Even so, says Team Member James Riordan, angiogenin is so potent that it can induce blood vessels to form when it is present in tissue as only one part per quadrillion...