in this issue
Markets :: Fine Chemicals/Biotech :: Pharmaceutical ingredients
Monsanto Seeks Buyer for Controversial Milk-Boosting Drug
5:10 AM MDT | August 7, 2008 | Alex Scott
Monsanto disclosed today that it is looking for a buyer for its bovine milk boosting drug Posilac recombinant bovine somatotropin (rBST). Monsanto did not disclose if it was yet in talks with a prospective buyer or how much it is seeking for the business. Monsanto says product safety concerns among some dairy farming groups about the product are not the reason for the planned sale of the business, which company says is a "really great" product. “We believe repositioning the business with a strategic owner will allow Monsanto to...
This information is only available to Chemical Week subscribers.
Forgot your user ID or password?
Not an IHS Chemical Week member yet?
Here's why you should be:
100% Satisfaction Guarantee