Biotech Values

[DewDiligence]

MON—Is there some potential step-change higher in net at some point in next few years, or is this likely to be a steady grower from the much lower base?

Refuge-in-a-Bag looks like the first bona fide game-changer since MON introduced the original Roundup Ready trait several years ago. DuPont has something broadly similar in its pipeline called AcreMax 2 (not to be confused with AcreMax 1, which is already approved), but MON looks like it will get to market first, probably in the 2012 North American growing season.

Other items in MON’s pipeline are described in #msg-45323299 and in greater detail on MON’s website. One of the biggies, IMO, will be drought tolerance—see http://www.nytimes.com/2008/10/23/business/23drought.html . Regards, Dew