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MONSANTO
CO.
Monsanto Co. (NYSE: MON) is the recipient of this year’s Spirit
of St. Louis Technology Award. This award was first given last year
to Sigma-Aldrich Corp. and is presented to a company in recognition
of its long-term commitment to the community and sustained success
in technology advancement.
“Monsanto is an obvious choice for this award,” notes Dick Fleming,
president and CEO, St. Louis RCGA. “As a plant and life sciences
industry leader in their century of business activity in St. Louis,
they have submitted more than a quarter of all the plant biotechnology-
oriented patent applications received nationally by the U.S. Patent
and Trademark Office.”
Monsanto is a leading provider of agricultural products and integrated
solutions for farmers. It makes Roundup®, the world’s best-selling
herbicide, and other crop protection products. The company produces
leading seed brands, including DEKALB and Asgrow, and provides its
seed partners with biotechnology traits for insect protection and
herbicide tolerance. Monsanto strives to bring products and technologies
together to improve productivity and to reduce the costs of farming.
HENDRIK
VERFAILLIE,
Monsanto Co. |
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Behind this life sciences trailblazer is their leader, Hendrik Verfaillie,
president and CEO since March 2000, when Pharmacia & Upjohn acquired
Monsanto. Belgian born, Verfaillie has been with the company close
to 26 years.
The life sciences industry leader has more than 14,000 employees
and $5.4 billion in revenues in 2000, 10 percent of revenue is dedicated
to R&D. Its revenues over the past three years have grown by more
than $200 million.
Those numbers don’t include Monsanto’s support of the Donald Danforth
Plant Science Center, the Nidus Center, Missouri Botanical Garden,
the St. Louis Science Center or the effort that’s underway to make
the St. Louis region the “BioBelt.”
In November 2001 it celebrated its 100th year in operation and in
2002 it is emerging once again as an independent firm. With the
spin off from Pharmacia complete, Monsanto will again rank as a
Fortune 500 headquarters firm.
Liese L. Hutchison, APR, is an assistant professor in the department
of communication at Saint Louis University and a free-lance writer.
>>Information Technology
Companies
>>Plant & Life
Sciences Companies
>>Advanced
Manufacturing Companies
>>The Spirit
of St. Louis Technology Award
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