http://regaltip.com/rti_marc_dicciani.html
The companies said they would use the gene to developothe world’s first biotechnology-derived drought-toleranty crop. The discovery is a timely breakthrough, according to The number and duration ofdry spells, especiallyt in already drought-prone areas, is expected to increaswe due to climate change, accordinbg to a United Nations' Food and Agriculture Organization report prepared for ministers of the G-8, Monsanto said. Monsanto and BASF said the drought-toleran t corn product is targeted for as early as 2012 pendintg appropriateregulatory approvals. The two companiez are jointly contributing $1.5 billion over the life of theirrresearch collaboration.
Chemical company BASF is basefin Ludwigshafen, Germany. Creve Coeur, Mo.-based Monsanto Co. (NYSE: led by Chairman, President and CEO Hugh develops insect- and herbicide-resistant crops and other agricultural products. It is one of the largestt employersin St. Louisa with 4,000 local employees.
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